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Cleanaway director increases indirect stake via dividend reinvestment

Story Highlights
  • Cleanaway director Mark Schubert increased his indirect shareholding via the dividend reinvestment plan.
  • The routine share issuance maintains his direct rights position and complies with ASX governance rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cleanaway director increases indirect stake via dividend reinvestment

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Cleanaway Waste Management ( (AU:CWY) ).

Cleanaway Waste Management has disclosed a change in the indirect shareholding of director Mark John Schubert, as required under ASX listing rules. Schubert acquired 12,562 ordinary shares through the company’s dividend reinvestment plan at $2.372 per share, increasing his indirect holding to 1,049,594 ordinary shares, while his direct holding of 2,228,127 rights remains unchanged.

The transaction, executed on 16 April 2026, reflects routine participation in the dividend reinvestment plan rather than an on-market trade, and there was no change in any related contracts or interests. The company confirmed the trade did not occur during a closed period, indicating adherence to governance and disclosure requirements for director dealings in securities.

The most recent analyst rating on (AU:CWY) stock is a Buy with a A$2.80 price target. To see the full list of analyst forecasts on Cleanaway Waste Management stock, see the AU:CWY Stock Forecast page.

More about Cleanaway Waste Management

Cleanaway Waste Management Limited is an Australian company operating in the waste management and recycling industry. The company provides services for the collection, processing and disposal of waste, with a focus on resource recovery and environmental services for commercial, industrial and municipal customers.

Average Trading Volume: 7,499,135

Technical Sentiment Signal: Hold

Current Market Cap: A$5.2B

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

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