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Ryder Capital Director Restructures Shareholdings Without Changing Overall Stake

Story Highlights
  • Ryder Capital reports a restructuring of director Peter Constable’s shareholdings via an off-market transfer.
  • Constable’s total relevant interest remains at 13,495,832 shares, indicating no change in his overall economic exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ryder Capital Director Restructures Shareholdings Without Changing Overall Stake

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An announcement from Ryder Capital Ltd. ( (AU:RYD) ) is now available.

Ryder Capital Ltd has disclosed a change in the structure of director Peter Charles Constable’s shareholdings, while confirming that his total relevant interest in the company’s fully paid ordinary shares remains unchanged at 13,495,832. The adjustment reflects an off-market transfer that shifts Constable’s holdings from a direct personal interest of 600,000 shares to an increased indirect interest via Ryder Investment Management Pty Limited, leaving his overall exposure intact and signalling an internal reorganisation rather than a change in economic stake for investors.

The most recent analyst rating on (AU:RYD) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Ryder Capital Ltd. stock, see the AU:RYD Stock Forecast page.

More about Ryder Capital Ltd.

Ryder Capital Ltd is an Australian listed investment company focused on managing a portfolio of securities, with oversight from its board and investment management entities associated with its directors. The company operates in the financial services and funds management sector, with directors often holding significant interests through various investment and superannuation vehicles.

Average Trading Volume: 75,763

Technical Sentiment Signal: Buy

For an in-depth examination of RYD stock, go to TipRanks’ Overview page.

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