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Mirvac Group ( (AU:MGR) ) just unveiled an announcement.
Mirvac Group announced a change in the director’s interest, specifically regarding Rosemary Beryl Hartnett, who has converted her rights to acquire stapled securities into 41,111 stapled securities, resulting in a total holding of 56,111 stapled securities. This change reflects the vesting of rights under the Mirvac Group Non-Executive Director Fee Sacrifice Rights Plan, indicating a strategic move to align director interests with company performance, potentially impacting stakeholder confidence and market perception.
The most recent analyst rating on (AU:MGR) stock is a Hold with a A$2.31 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 leading Australian property group involved in real estate development and management. The company operates through Mirvac Limited and Mirvac Property Trust, focusing on residential, office, retail, and industrial property sectors.
Average Trading Volume: 11,117,647
Technical Sentiment Signal: Buy
Current Market Cap: A$8.52B
See more data about MGR stock on TipRanks’ Stock Analysis page.