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REA Group Announces Director’s Change in Securities Interests

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REA Group Announces Director’s Change in Securities Interests

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An update from REA Group Ltd ( (AU:REA) ) is now available.

REA Group Ltd has announced a change in the interests of its director, Owen Wilson, involving the acquisition and disposal of securities. The changes include the acquisition of 14,998 ordinary shares and 1,390 restricted ordinary shares as part of Mr. Wilson’s remuneration arrangements, while 2,839 ordinary shares were disposed of at a price of $260.5624 per share. These changes reflect the vesting of performance rights under the company’s Long-Term Incentive Plan, highlighting the ongoing alignment of executive compensation with company performance.

The most recent analyst rating on (AU:REA) stock is a Buy with a A$291.00 price target. To see the full list of analyst forecasts on REA Group Ltd stock, see the AU:REA Stock Forecast page.

More about REA Group Ltd

REA Group Ltd operates in the digital real estate sector, providing property and property-related services through its online platforms. The company focuses on offering digital advertising services for real estate agents, property developers, and consumers, primarily in Australia and other international markets.

YTD Price Performance: 13.31%

Average Trading Volume: 171,438

Technical Sentiment Signal: Buy

Current Market Cap: A$34.77B

See more insights into REA stock on TipRanks’ Stock Analysis page.

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