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Bapcor Director Kate Spargo Lifts Stake via Retail Entitlement Offer

Story Highlights
  • Bapcor director Kate Spargo increased her indirect shareholding through her super fund.
  • She acquired 66,177 shares at $0.60 in the retail entitlement offer, lifting her stake to 156,177 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bapcor Director Kate Spargo Lifts Stake via Retail Entitlement Offer

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Bapcor Ltd ( (AU:BAP) ) just unveiled an announcement.

Bapcor Limited has disclosed a change in the interests of director Kate Spargo, who holds her stake indirectly through the Spargo Super Fund. Spargo is a practical controller and beneficiary of this superannuation fund, which is the registered holder of her Bapcor shares.

Spargo increased her holding by acquiring 66,177 fully paid ordinary shares at $0.60 per share via participation in Bapcor’s Retail Entitlement Offer announced on 26 February 2026. Following the transaction, her indirect interest rose from 90,000 to 156,177 shares, underscoring director support for the company’s capital-raising initiative and potentially signaling confidence in Bapcor’s outlook to the market and other stakeholders.

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 services group, supplying replacement parts, accessories, equipment and related services to trade, retail and wholesale customers. The company operates across Australia and New Zealand, servicing mechanics, workshops and consumers with a broad range of automotive products and solutions.

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.

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