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MyState Director Increases Shareholding via Dividend Reinvestment Plan

Story Highlights
  • MyState director Vaughn Richtor increased his direct shareholding through a dividend reinvestment allotment.
  • The routine share issue boosts director alignment with shareholders and reflects ongoing capital management activity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MyState Director Increases Shareholding via Dividend Reinvestment Plan

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Mystate Limited ( (AU:MYS) ) just unveiled an update.

MyState Limited has disclosed a change in the securities held by director Vaughn Richtor following participation in the company’s dividend reinvestment plan. Richtor received an allotment of 1,316 fully paid ordinary shares on 20 March 2026, increasing his direct holding from 47,982 to 49,298 shares.

The additional shares, valued at $5,750, were issued under MyState’s dividend reinvestment plan rather than through on‑market trading, and no securities were disposed of. The transaction occurred outside a closed trading period, indicating routine capital management and director alignment with shareholder returns, without signaling any change in strategic direction or governance issues.

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 financial services group operating primarily as a regional banking and wealth management provider. The company focuses on retail banking products such as deposits, home loans and everyday transaction accounts, and engages with shareholders through mechanisms like dividend reinvestment plans to support capital management.

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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