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Rio Tinto Updates Director’s Equity Holdings

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Rio Tinto Updates Director’s Equity Holdings

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Rio Tinto Limited ( (AU:RIO) ) just unveiled an announcement.

Rio Tinto Limited announced changes in the director’s interest notice for Simon Trott, reflecting adjustments in his equity holdings under the company’s Equity Incentive Plan. The changes involve the acquisition and disposal of awards and shares, primarily due to the vesting of Bonus Deferral Awards (BDA) and the subsequent tax implications. This update is part of routine disclosures under corporate governance requirements, ensuring transparency in director dealings.

The most recent analyst rating on (AU:RIO) stock is a Hold with a A$130.00 price target. To see the full list of analyst forecasts on Rio Tinto Limited stock, see the AU:RIO Stock Forecast page.

More about Rio Tinto Limited

Rio Tinto Limited is a leading global mining group that focuses on finding, mining, and processing mineral resources. The company is known for its production of essential commodities, including iron ore, aluminum, copper, and diamonds, and operates in various countries worldwide.

YTD Price Performance: 24.13%

Average Trading Volume: 1,329,967

Technical Sentiment Signal: Buy

Current Market Cap: A$189.9B

Find detailed analytics on RIO stock on TipRanks’ Stock Analysis page.

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