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Insurance Australia Group Announces Director’s Shareholding Changes

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Insurance Australia Group Announces Director’s Shareholding Changes

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Insurance Australia Group Limited ( (AU:IAG) ) has shared an update.

Insurance Australia Group Limited announced a change in the director’s interest, specifically concerning Nicholas Hawkins. The change involved the acquisition and disposal of fully paid ordinary shares, resulting in Hawkins holding 857,832 shares after the transactions. This adjustment was part of the exercise of Deferred Award Rights and Executive Performance Rights, with some shares disposed of to cover tax obligations. This update reflects ongoing adjustments in executive compensation and shareholding, potentially impacting stakeholder perceptions of executive alignment with company performance.

The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.85 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.

More about Insurance Australia Group Limited

Insurance Australia Group Limited operates in the insurance industry, offering a range of insurance products and services primarily focused on the Australian market.

Average Trading Volume: 4,068,496

Technical Sentiment Signal: Buy

Current Market Cap: A$20.32B

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

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