Scentre Group Director Increases Stake in Company

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Scentre Group Director Increases Stake in Company

An update from Scentre Group ( (AU:SCG) ) is now available.

Scentre Group has announced a change in the director’s interest, with Craig Douglas Mitchell acquiring an additional 40,000 ordinary stapled securities through an on-market purchase. This change increases his total holdings to 100,000 securities, reflecting a strategic move that may indicate confidence in the company’s future performance.

More about Scentre Group

Scentre Group is a prominent player in the retail property industry, primarily focusing on the ownership and management of shopping centers across Australia and New Zealand. The company operates through several trusts and is known for its significant presence in the retail real estate market.

YTD Price Performance: -11.59%

Average Trading Volume: 7,787

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $10.92B

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

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