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Charter Hall Group Announces Director’s Increased Stake

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Charter Hall Group Announces Director’s Increased Stake

Charter Hall Group ( (AU:CHC) ) has issued an update.

Charter Hall Group announced a change in the director’s interest notice, specifically regarding Karen Lee Collett Penrose. Ms. Penrose, through GKP Acquisitions Pty Limited atf Karen Lee Super Fund, acquired 1,660 ordinary securities, increasing her total holdings to 9,780. This on-market purchase reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could have positive implications for stakeholders.

More about Charter Hall Group

Charter Hall Group is an integrated property company formed by stapling the shares of Charter Hall Limited and the units of Charter Hall Property Trust. The company operates in the real estate industry, focusing on property investment, development, and management across various sectors including office, retail, and industrial properties.

YTD Price Performance: -0.06%

Average Trading Volume: 1,513

Technical Sentiment Signal: Sell

Current Market Cap: $4.51B

Learn more about CHC stock on TipRanks’ Stock Analysis page.

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