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The latest update is out from BHP Group Ltd ( (AU:BHP) ).
BHP Group Limited announced a change in the director’s interest, specifically concerning Ross McEwan, who increased his indirect holdings in the company by acquiring 25,000 ordinary shares. The purchase was made on-market at a price of AUD 40.53 per share, bringing McEwan’s total indirect shareholding to 35,000 shares in BHP. This transaction reflects a significant investment by a key director, which could be interpreted as a positive signal to the market about the company’s future prospects.
More about BHP Group Ltd
BHP Group Limited operates in the mining industry, focusing primarily on the extraction and processing of minerals, oil, and gas. The company is known for its production of iron ore, copper, coal, and petroleum, positioning itself as a leading global resources company.
YTD Price Performance: 4.53%
Average Trading Volume: 290,700
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $131.2B
For a thorough assessment of BHP stock, go to TipRanks’ Stock Analysis page.
