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Commonwealth Bank of Australia ( (AU:CBA) ) has issued an announcement.
Commonwealth Bank of Australia has disclosed a change in the shareholding of non-executive director Katherine Neisha Howitt, in line with ASX listing rule requirements. Howitt increased her direct holding in the bank by 74 fully paid ordinary shares at $154.75 per share through participation in the Non-Executive Director Share Plan.
Following the transaction, Howitt now holds 349 fully paid ordinary shares directly, in addition to 2,568 shares jointly held in a separate account with another holder. The change underscores ongoing alignment of director interests with shareholders but does not alter any contractual interests, as there were no changes in director-related contracts reported.
The most recent analyst rating on (AU:CBA) stock is a Sell with a A$119.40 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia is a major Australian financial services provider offering retail, business and institutional banking, as well as wealth management products. The bank focuses on serving households, small and medium-sized enterprises and larger corporate clients across Australia and selected international markets.
Average Trading Volume: 2,098,918
Technical Sentiment Signal: Buy
Current Market Cap: A$271.9B
Learn more about CBA stock on TipRanks’ Stock Analysis page.