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Bapcor Ltd ( (AU:BAP) ) has issued an update.
Bapcor Limited has disclosed a change in director Jacqueline Korhonen’s indirect holding, with her controlled entity Monsour Enterprises Pty Ltd increasing its stake via the company’s recent Retail Entitlement Offer. Following the transaction on 26 March 2026, Korhonen’s indirect interest rose from 16,600 to 28,806 fully paid ordinary shares at a subscription price of $0.60 per share.
The additional investment, executed through participation in the capital raising rather than on-market trading, signals continued support from the non-executive director for Bapcor’s equity funding initiatives. While the notice is primarily administrative, it underscores director alignment with shareholders during the company’s latest entitlement offer and may be viewed positively by investors tracking board shareholdings.
The most recent analyst rating on (AU:BAP) stock is a Hold with a A$0.63 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.
More about Bapcor Ltd
Bapcor Limited is an automotive aftermarket parts and accessories company, supplying replacement parts, tools and equipment to trade and retail customers across Australia and New Zealand. The group operates through multiple channels, including trade, retail and wholesale operations, servicing workshops, fleet operators and DIY motorists.
Average Trading Volume: 6,146,146
Technical Sentiment Signal: Sell
Current Market Cap: A$384.2M
See more insights into BAP stock on TipRanks’ Stock Analysis page.