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Grainger CEO Exercises LTIP Options, Sells Shares to Cover Tax Liabilities

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Grainger CEO Exercises LTIP Options, Sells Shares to Cover Tax Liabilities

Don’t Miss TipRanks’ Half-Year Sale

An announcement from Grainger ( (GB:GRI) ) is now available.

Grainger PLC announced that its Group CEO, Helen Gordon, has exercised nil-cost options under the company’s 2017 Long Term Incentive Plan, resulting in the sale of 159,599 ordinary shares at £2.15 each. This transaction was conducted to cover income tax and national insurance liabilities, reflecting the company’s ongoing commitment to transparent financial practices and regulatory compliance.

The most recent analyst rating on (GB:GRI) stock is a Buy with a £300.00 price target. To see the full list of analyst forecasts on Grainger stock, see the GB:GRI Stock Forecast page.

Spark’s Take on GB:GRI Stock

According to Spark, TipRanks’ AI Analyst, GB:GRI is a Outperform.

Grainger’s strong valuation, supported by positive corporate events and solid technical trends, drives the overall stock score. While financial performance is robust, high leverage and declining free cash flow moderate the score.

To see Spark’s full report on GB:GRI stock, click here.

More about Grainger

Grainger PLC operates in the real estate industry, focusing on residential property management and development. The company primarily deals with rental housing and is a leading player in the UK market, providing homes for rent across various regions.

Average Trading Volume: 1,767,055

Technical Sentiment Signal: Sell

Current Market Cap: £1.6B

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

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