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Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) has shared an update.
Perpetual Equity Investment Company Limited has disclosed a change in the indirect shareholding of director Michael Charles Clarke, whose interest is held via the Clarke Superannuation Fund. The filing underscores ongoing alignment between the director’s retirement vehicle and the company’s equity performance, reinforcing transparency around board members’ exposure to the LIC’s shares.
On 9 April 2026, Clarke acquired 7,866 fully paid ordinary shares at $1.20 each through participation in the company’s dividend reinvestment plan for the 2026 interim dividend, lifting his holding from 235,978 to 243,844 shares. The transaction, involving no disposals or contract-related interests, signals continued reinvestment of dividends by a key board member and may be viewed by investors as a modest vote of confidence in the company’s outlook.
The most recent analyst rating on (AU:PIC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Perpetual Equity Investment Co. Ltd. stock, see the AU:PIC Stock Forecast page.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited is a listed investment company that provides investors with exposure to a diversified portfolio of predominantly Australian shares. The company focuses on delivering long-term capital growth and regular income through active management and participation in corporate actions such as dividend reinvestment plans.
Average Trading Volume: 383,679
Technical Sentiment Signal: Buy
For a thorough assessment of PIC stock, go to TipRanks’ Stock Analysis page.