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Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) has provided an update.
Perpetual Equity Investment Company Limited has disclosed a minor change in the indirect shareholding of director Timothy Gordon Bednall, reflecting his interest via the T & V Bednall Super Fund. The update records an increase in his holding from 5,000 to 5,166 fully paid ordinary shares following participation in the company’s dividend reinvestment plan for the 2026 interim dividend.
The transaction, valued at $1.20 per share, underscores ongoing director alignment with shareholders through reinvestment of dividends rather than cash withdrawal. While small in scale, the disclosure maintains compliance with ASX governance requirements and offers transparency to investors regarding director interests in the company’s securities.
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 access to a diversified portfolio of Australian and global equities. It is managed with a focus on delivering long-term capital growth and income through active portfolio management and regular dividend payments to shareholders.
Average Trading Volume: 383,679
Technical Sentiment Signal: Buy
For an in-depth examination of PIC stock, go to TipRanks’ Overview page.