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Scentre Group ( (AU:SCG) ) has issued an announcement.
Scentre Group has disclosed a change in the interests of its director, Elliott Rusanow, following the vesting of performance rights under the company’s Performance Rights Plan on 15 December 2025. Rusanow received 994,583 Scentre Group ordinary securities for nil consideration as 957,608 performance rights vested, increasing his directly held ordinary securities to 994,583 and leaving him with 3,164,812 remaining performance rights, while his indirect holding via Tellammy Pty Ltd remains at 2,016,843 ordinary securities. The transaction, a standard vesting event under the company’s long-term incentive framework, underscores the alignment of executive remuneration with shareholder interests, without involving any on-market trading or cash consideration.
The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.55 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.
More about Scentre Group
Scentre Group is a major Australasian retail property owner and operator, best known for managing the Westfield-branded shopping centre portfolio across Australia and New Zealand. The group’s business centres on owning, developing and managing retail real estate assets, with income primarily derived from rental and related property services provided to retail tenants and brand partners.
Average Trading Volume: 8,957,403
Technical Sentiment Signal: Buy
Current Market Cap: A$21.52B
See more insights into SCG stock on TipRanks’ Stock Analysis page.