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Lindsay Australia Limited Announces Director’s Share Acquisition

Story Highlights
  • Robert Maxwell Miller acquired 821,791 additional shares in Lindsay Australia Limited.
  • A large portion of Miller’s shares remains under escrow with future release conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lindsay Australia Limited Announces Director’s Share Acquisition

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Lindsay Australia Limited ( (AU:LAU) ) has issued an update.

Lindsay Australia Limited has announced a change in the director’s interest notice, specifically regarding Robert Maxwell Miller’s holdings. Miller acquired 821,791 additional fully paid ordinary shares, increasing his total to 27,315,849 shares. A significant portion of these shares remains under voluntary escrow, with specific release conditions tied to the company’s future financial results and potential claims under a Share Sale and Purchase Agreement.

The most recent analyst rating on (AU:LAU) stock is a Buy with a A$0.98 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.

More about Lindsay Australia Limited

Average Trading Volume: 800,930

Technical Sentiment Signal: Sell

Current Market Cap: A$216.9M

See more data about LAU stock on TipRanks’ Stock Analysis page.

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