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Origin Energy Director’s Share Sale for Tax Obligations

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Origin Energy Director’s Share Sale for Tax Obligations

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

Origin Energy Limited announced the sale of shares by its director, Mr. Frank Calabria, primarily to meet personal tax obligations related to the vesting of equity incentives. Despite the sale, Mr. Calabria maintains a substantial interest in the company, exceeding the minimum shareholding requirements. This transaction was conducted in line with Origin’s Dealing in Securities Policy, indicating a transparent and compliant approach to director share dealings.

The most recent analyst rating on (AU:ORG) stock is a Sell with a A$11.11 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 sector, primarily focusing on the production and supply of electricity and natural gas. The company is committed to providing sustainable energy solutions and has a significant presence in the Australian energy market.

YTD Price Performance: 19.95%

Average Trading Volume: 3,309,956

Technical Sentiment Signal: Buy

Current Market Cap: A$21.32B

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

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