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Bluescope Steel ( (AU:BSL) ) has issued an update.
BlueScope Steel Limited announced a change in the director’s interest, specifically concerning Mark Vassella. The change involved the acquisition of 143,415 ordinary shares by Mr. Vassella’s family trust, Allessav Nominees Pty Ltd, increasing their total indirect holdings. This acquisition reflects the vesting of rights and suggests a strategic alignment with the company’s performance goals, potentially impacting the company’s governance and stakeholder confidence.
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 manufacturing industry, known for producing a wide range of steel products. The company focuses on delivering high-quality steel solutions and has a significant market presence in the Asia-Pacific region.
YTD Price Performance: 24.10%
Average Trading Volume: 1,386,060
Technical Sentiment Signal: Buy
Current Market Cap: A$10.05B
For a thorough assessment of BSL stock, go to TipRanks’ Stock Analysis page.