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An announcement from Shopping Centres Australasia Property Group RE ( (AU:RGN) ) is now available.
Region Group announced a change in the director’s interest, specifically involving Anthony Michael Grainger Mellowes, who disposed of 150,000 stapled units at a value of $2.4200 per security. This on-market sale was conducted to fund personal tax liabilities related to securities previously granted as remuneration, as well as other investments. The change reflects a reduction in Mr. Mellowes’ total securities held, impacting his financial stake in the company.
The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.
More about Shopping Centres Australasia Property Group RE
Shopping Centres Australasia Property Group RE, also known as Region Group, operates within the real estate industry, focusing on retail property management and investment. The company is involved in managing and investing in shopping centers across Australasia, providing retail spaces for various businesses.
Average Trading Volume: 3,176,127
Technical Sentiment Signal: Buy
Current Market Cap: A$2.82B
For detailed information about RGN stock, go to TipRanks’ Stock Analysis page.