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The latest announcement is out from Breville Group ( (AU:BRG) ).
Breville Group Limited has announced a change in the shareholding of its director, James D Clayton. Clayton sold 217,588 ordinary shares in an on-market transaction valued at $7,062,482.83. Despite this sale, Clayton’s remaining shareholding still exceeds the company’s minimum shareholding guideline for the CEO, which requires holding shares equivalent to at least twice their annual base salary. Additionally, Clayton retains 542,783 unvested share rights, including performance rights, deferred share rights, and LTPR rights. This transaction reflects a strategic financial decision by Clayton while maintaining compliance with company guidelines.
The most recent analyst rating on (AU:BRG) stock is a Hold with a A$34.00 price target. To see the full list of analyst forecasts on Breville Group stock, see the AU:BRG Stock Forecast page.
More about Breville Group
YTD Price Performance: -10.54%
Average Trading Volume: 380,770
Technical Sentiment Signal: Buy
Current Market Cap: A$4.53B
See more insights into BRG stock on TipRanks’ Stock Analysis page.