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MaxiPARTS Limited ( (AU:MXI) ) has provided an update.
MaxiPARTS Limited has disclosed a change in director Mary Verschuer’s indirect shareholding following participation in the company’s dividend reinvestment plan. Verschuer, via her superannuation fund and associated investment vehicle, increased her holding by 1,269 fully paid ordinary shares to a total of 65,535 shares.
The transaction was not a market trade but an automatic issuance under the dividend reinvestment plan, indicating ongoing alignment between board interests and shareholder returns. There were no changes to any related contracts, and the company confirmed that the activity did not occur during a closed period requiring special trading clearance.
The most recent analyst rating on (AU:MXI) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on MaxiPARTS Limited stock, see the AU:MXI Stock Forecast page.
More about MaxiPARTS Limited
MaxiPARTS Limited operates in the automotive and transport equipment sector, focusing on the supply of truck and trailer parts. The company services commercial vehicle operators through distribution of replacement parts and related components, targeting freight, logistics and heavy-vehicle markets across Australia.
Average Trading Volume: 94,451
Technical Sentiment Signal: Buy
Current Market Cap: A$112.8M
For detailed information about MXI stock, go to TipRanks’ Stock Analysis page.