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Bendigo and Adelaide Bank Director’s Shareholding Update

Story Highlights
  • Bendigo and Adelaide Bank operates in financial services, focusing on banking and wealth management.
  • Director Richard Deutsch’s shareholding increased due to vested rights, aligning interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bendigo and Adelaide Bank Director’s Shareholding Update

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

Bendigo and Adelaide Bank Limited announced a change in the interests of its director, Richard David Deutsch, as per the requirements of the ASX listing rules. The director’s direct holding in BEN ordinary shares increased by 1,219 shares due to the vesting of rights under the BEN Omnibus Equity Plan, while the rights to shares decreased by the same amount. This change reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting the company’s governance and stakeholder relations.

More about Bendigo & Adelaide Bank Ltd.

Bendigo and Adelaide Bank Limited operates in the financial services industry, primarily offering banking products and services. The company focuses on providing retail banking, business banking, and wealth management services to its customers, with a strong presence in the Australian market.

YTD Price Performance: 6.53%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.76B

For detailed information about BEN stock, go to TipRanks’ Stock Analysis page.

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