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BlueScope Steel Director Increases Shareholding

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BlueScope Steel Director Increases Shareholding

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

BlueScope Steel Limited announced a change in the director’s interest, with Jane McAloon acquiring 2,175 fully paid ordinary shares, increasing her total holdings to 22,457 shares. This acquisition, conducted through an on-market purchase, reflects a strategic move that could strengthen McAloon’s stake in the company, potentially impacting her influence on corporate decisions and aligning her interests with those of the shareholders.

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 operates in the steel industry, focusing on the production and distribution of steel products. The company is known for its involvement in manufacturing and infrastructure projects, providing steel solutions to various sectors globally.

Average Trading Volume: 1,350,893

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$10.1B

See more insights into BSL stock on TipRanks’ Stock Analysis page.

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