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Mirvac Group Announces Director’s Interest Changes

Story Highlights
  • Mirvac Group focuses on developing and managing residential, office, and retail properties.
  • Director Campbell Hanan’s holdings in Mirvac have shifted, affecting securities and performance rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mirvac Group Announces Director’s Interest Changes

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Mirvac Group ( (AU:MGR) ) has issued an announcement.

Mirvac Group has announced a change in the director’s interest notice for Campbell John Hanan, reflecting adjustments in his holdings of stapled securities and performance rights. The changes include an increase in direct holdings of stapled securities and a decrease in performance rights, indicating a shift in the director’s investment strategy within the company. This adjustment could impact the company’s operational strategies and stakeholder perceptions, as it reflects internal movements in executive interests.

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 operates in the real estate industry, primarily focusing on the development and management of residential, office, and retail properties. The company is formed by the stapling of securities of Mirvac Limited and Mirvac Property Trust, with a market focus on property investment and development across Australia.

Average Trading Volume: 12,130,540

Technical Sentiment Signal: Buy

Current Market Cap: A$9.23B

For an in-depth examination of MGR stock, go to TipRanks’ Overview page.

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