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BlueScope Director Increases Shareholding, Signaling Confidence

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BlueScope Director Increases Shareholding, Signaling Confidence

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Bluescope Steel ( (AU:BSL) ) has shared an announcement.

BlueScope Steel Limited announced a change in the director’s interest, with Director Alistair Field acquiring an additional 6,560 fully paid ordinary shares through an on-market purchase, increasing his total holdings to 9,060 shares. This transaction, valued at $149,905.06, reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could positively influence stakeholder perceptions.

The most recent analyst rating on (AU:BSL) stock is a Hold with a A$24.00 price target. To see the full list of analyst forecasts on Bluescope Steel stock, see the AU:BSL Stock Forecast page.

More about Bluescope Steel

BlueScope Steel Limited is a prominent player in the steel industry, primarily engaged in the production of flat steel products. The company focuses on serving the building and construction industries, providing high-quality steel solutions for various applications.

Average Trading Volume: 1,474,351

Technical Sentiment Signal: Buy

Current Market Cap: A$9.95B

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

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