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Bendigo & Adelaide Bank Director Converts Rights to Shares

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Bendigo & Adelaide Bank Director Converts Rights to Shares

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Bendigo & Adelaide Bank ( (AU:BEN) ) has shared an announcement.

Bendigo & Adelaide Bank Limited announced a change in the director’s interest, with Victoria Sophia Mary Weekes converting 1,624 Rights to Shares into Ordinary Shares under the BEN Omnibus Equity Plan. This change reflects the bank’s ongoing commitment to aligning director interests with shareholder value, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.50 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo & Adelaide Bank Limited operates in the financial services industry, providing banking and financial products primarily focused on retail and business banking services. The bank is known for its community-focused approach, offering a range of services including loans, deposits, and wealth management solutions.

YTD Price Performance: 4.70%

Average Trading Volume: 1,099,559

Technical Sentiment Signal: Buy

Current Market Cap: A$7.56B

For a thorough assessment of BEN stock, go to TipRanks’ Stock Analysis page.

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