Eagers Automotive Director Increases Shareholding

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Eagers Automotive Director Increases Shareholding

Eagers Automotive Limited ( (AU:APE) ) has issued an update.

Eagers Automotive Limited announced a change in the director’s interest, specifically concerning Sophie Alexandra Moore. Ms. Moore acquired 18,674 ordinary shares through the vesting of performance rights and purchased an additional 249,500 restricted shares under the company’s Equity Incentive Plan. Additionally, she sold 70,000 shares to cover tax liabilities. As a result, her total shareholding increased to 415,635 shares, reflecting a strategic move to align her interests with the company’s long-term performance goals.

More about Eagers Automotive Limited

Eagers Automotive Limited operates in the automotive industry, focusing on the sale and distribution of motor vehicles. The company engages in providing automotive retail services and is a prominent player in the Australian market.

YTD Price Performance: 29.31%

Average Trading Volume: 545,170

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$3.95B

Find detailed analytics on APE stock on TipRanks’ Stock Analysis page.

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