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Mirvac Group ( (AU:MGR) ) just unveiled an update.
Mirvac Group has announced a change in the director’s interest notice, specifically involving Campbell John Hanan. The change includes the allotment of 289,731 stapled securities due to the vesting of performance rights and the lapsing of 663,333 performance rights related to the FY23 Long Term Performance grant. This adjustment in securities reflects the company’s ongoing management of executive incentives and performance-based rewards, potentially impacting stakeholder perceptions of leadership alignment with company performance.
The most recent analyst rating on (AU:MGR) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Mirvac Group stock, see the AU:MGR Stock Forecast page.
More about Mirvac Group
Mirvac Group is a prominent player in the real estate industry, formed by the stapling of securities of Mirvac Limited and Mirvac Property Trust. The company focuses on property development, investment, and management, catering to residential, retail, office, and industrial sectors.
Average Trading Volume: 12,069,996
Technical Sentiment Signal: Buy
Current Market Cap: A$9.43B
Find detailed analytics on MGR stock on TipRanks’ Stock Analysis page.