Qantas Updates Director Belinda Hutchinson’s Equity Holdings Under Fee Sacrifice Plan

The latest announcement is out from Qantas Airways Limited ( (AU:QAN) ).

Qantas Airways has reported changes to the shareholdings of non-executive director Belinda Jane Hutchinson under the Qantas Non-Executive Director Fee Sacrifice Share Plan. The adjustments involve automatic conversion of previously granted rights into restricted ordinary shares, a new grant of rights, and the release of restricted shares from trust to direct ownership.

Following these transactions, Hutchinson’s holdings now comprise a revised mix of rights under the plan and both indirectly held and directly held ordinary shares. The movements reflect ongoing use of equity-based fee sacrifice arrangements to align director remuneration with shareholder interests, without any on-market trades or disposals reported in this notice.

The most recent analyst rating on (AU:QAN) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Qantas Airways Limited stock, see the AU:QAN Stock Forecast page.

More about Qantas Airways Limited

Qantas Airways Limited is Australia’s flagship airline, operating domestic and international passenger and cargo services across key global and regional routes. The group focuses on full-service travel offerings, loyalty programs and corporate travel, competing as a major carrier in the Asia-Pacific aviation market.

Average Trading Volume: 4,549,763

Technical Sentiment Signal: Buy

Current Market Cap: A$13.51B

For a thorough assessment of QAN stock, go to TipRanks’ Stock Analysis page.