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An announcement from Mesoblast Limited ( (AU:MSB) ) is now available.
Mesoblast Limited has announced a change in the director’s interest, specifically pertaining to Gregory George. The company disclosed that George, through G to the Fourth Investments, LLC, acquired 9,640,072 shares and 325,901 American Depositary Shares (ADS), each representing 10 ordinary shares, in an on-market purchase. This acquisition reflects a significant investment amounting to approximately US$18.8 million, indicating a potential strategic move to strengthen his stake in the company.
The most recent analyst rating on (AU:MSB) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Mesoblast Limited stock, see the AU:MSB Stock Forecast page.
More about Mesoblast Limited
Average Trading Volume: 5,021,627
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.96B
For a thorough assessment of MSB stock, go to TipRanks’ Stock Analysis page.