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IAG Director Increases Stake Through Dividend Reinvestment

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IAG Director Increases Stake Through Dividend Reinvestment

Insurance Australia Group Limited ( (AU:IAG) ) has issued an announcement.

Insurance Australia Group Limited has announced a change in the director’s interest, specifically regarding Thomas William Pockett, who acquired 1,705 fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased stake in the company, potentially signaling confidence in the company’s future performance and aligning the director’s interests with those of shareholders.

More about Insurance Australia Group Limited

Insurance Australia Group Limited operates in the insurance industry, providing a range of insurance products and services. The company focuses on offering comprehensive insurance solutions to individuals and businesses, positioning itself as a key player in the Australian insurance market.

YTD Price Performance: -7.93%

Average Trading Volume: 5,259

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.35B

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

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