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MyState Director Increases Indirect Holding via Dividend Reinvestment

Story Highlights
  • MyState director Andrea Waters increased her indirect shareholding via the dividend reinvestment plan.
  • The new allotment reflects routine capital management, not a strategic ownership shift or closed-period trade.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MyState Director Increases Indirect Holding via Dividend Reinvestment

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The latest announcement is out from Mystate Limited ( (AU:MYS) ).

MyState Limited has disclosed a change in the indirect shareholding of director Andrea Waters following participation in the company’s dividend reinvestment plan. Waters, through a jointly held account, received an allotment of 1,146 fully paid ordinary shares on 20 March 2026, lifting her holding from 41,739 to 42,885 shares.

The transaction, valued at $5,008, reflects shares issued under MyState’s dividend reinvestment plan rather than an on-market trade. The company confirmed there was no trading during a closed period, signalling routine capital management and director alignment with shareholder returns rather than a strategic shift in ownership.

The most recent analyst rating on (AU:MYS) stock is a Buy with a A$5.42 price target. To see the full list of analyst forecasts on Mystate Limited stock, see the AU:MYS Stock Forecast page.

More about Mystate Limited

MyState Limited is an Australian-listed financial services company operating in banking and related products. The group focuses on providing retail customers with everyday banking, savings and investment solutions, including participation in its dividend reinvestment plan for shareholders.

Average Trading Volume: 205,540

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$790.7M

See more data about MYS stock on TipRanks’ Stock Analysis page.

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