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Duratec Director Increases Holding via Dividend Reinvestment Plan

Story Highlights
  • Duratec director Martin Brydon acquired 456 shares through the dividend reinvestment plan.
  • His holding rose to 85,635 shares, reinforcing alignment with shareholders and routine capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Duratec Director Increases Holding via Dividend Reinvestment Plan

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Duratec Limited ( (AU:DUR) ) has issued an update.

Duratec Limited has disclosed a small increase in the shareholding of director Martin Brydon, who acquired 456 fully paid ordinary shares under the company’s dividend reinvestment plan at $2.3101 per share. The transaction lifts Brydon’s direct holding to 85,635 shares and signals routine capital management and director alignment with shareholders, with no changes reported in any related contracts or trading during a closed period.

The most recent analyst rating on (AU:DUR) stock is a Buy with a A$2.95 price target. To see the full list of analyst forecasts on Duratec Limited stock, see the AU:DUR Stock Forecast page.

More about Duratec Limited

Duratec Limited is an Australian-listed company whose shares trade on the ASX. The company issues fully paid ordinary shares to investors and operates a dividend reinvestment plan that allows shareholders, including directors, to receive additional shares instead of cash dividends.

Average Trading Volume: 554,359

Technical Sentiment Signal: Buy

Current Market Cap: A$763.2M

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

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