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Finbar Director John Chan Increases Indirect Shareholding via On-Market Purchase

Story Highlights
  • Finbar director John Chan increased his indirect stake through an on-market share purchase.
  • The modest acquisition lifts Chan’s total indirect holding, underscoring ongoing alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finbar Director John Chan Increases Indirect Shareholding via On-Market Purchase

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Finbar Group Limited ( (AU:FRI) ) has provided an update.

Finbar Group Limited has reported a change in the interests of director John Chan, who holds both direct and indirect stakes in the company through a trust structure where he is trustee and beneficiary. The notice details an on-market purchase of additional ordinary fully paid shares, reflecting a modest increase in his indirect shareholding and signalling continued alignment of the director’s financial interests with those of other shareholders.

Following the transaction on 2 April 2026, Chan’s indirect holding rose by 21,004 shares, taking his indirect interest to 31,949,130 shares while his direct holding remained unchanged at 1,474,611 shares. The acquisition, valued at $15,858.02, indicates ongoing director participation in the market for Finbar shares and provides transparency to investors about board-level ownership changes, as required under ASX disclosure rules.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.87 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

More about Finbar Group Limited

Finbar Group Limited is an Australian company operating in the property sector, focusing on residential and mixed-use developments. The company is listed on the ASX and its activities involve issuing and trading ordinary fully paid shares as part of its capital management and director equity participation.

Average Trading Volume: 163,973

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$214.3M

For detailed information about FRI stock, go to TipRanks’ Stock Analysis page.

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