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Origin Energy Director Sells Shares to Cover Tax Obligations

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Origin Energy Director Sells Shares to Cover Tax Obligations

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Origin Energy Limited ( (AU:ORG) ) has shared an announcement.

Origin Energy Limited announced that its director, Frank Calabria, has sold shares primarily to cover personal tax obligations related to the vesting of equity incentives. Despite this sale, Mr. Calabria maintains a significant interest in the company, exceeding the Minimum Shareholding Requirement. The transaction was conducted in compliance with the company’s Dealing in Securities Policy, ensuring transparency and adherence to corporate governance standards.

The most recent analyst rating on (AU:ORG) stock is a Buy with a A$13.90 price target. To see the full list of analyst forecasts on Origin Energy Limited stock, see the AU:ORG Stock Forecast page.

More about Origin Energy Limited

Origin Energy Limited is a prominent player in the energy industry, primarily engaged in the production and distribution of electricity and natural gas. The company focuses on providing energy solutions to residential and business customers across Australia.

Average Trading Volume: 3,336,649

Technical Sentiment Signal: Buy

Current Market Cap: A$21.46B

Find detailed analytics on ORG stock on TipRanks’ Stock Analysis page.

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