tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Scentre Group Director Increases Stake Through DRP

Story Highlights
  • Scentre Group operates in retail property, managing shopping centers in Australia and New Zealand.
  • Director Catherine Brenner acquired 2,301 securities, boosting her stake to 104,656 through the DRP.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scentre Group Director Increases Stake Through DRP

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Scentre Group ( (AU:SCG) ) has issued an announcement.

Scentre Group has announced a change in the director’s interest, specifically concerning Catherine Michelle Brenner. Brenner has acquired 2,301 ordinary stapled securities through the company’s Distribution Reinvestment Plan, increasing her total holdings to 104,656 securities. This acquisition reflects the company’s ongoing efforts to align director interests with shareholder value, potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$4.00 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 prominent entity in the retail property industry, primarily involved in the ownership and management of shopping centers across Australia and New Zealand. The group operates through several trusts and is known for its focus on providing retail spaces that cater to a wide range of consumer needs.

Average Trading Volume: 10,333,974

Technical Sentiment Signal: Buy

Current Market Cap: A$21.12B

For a thorough assessment of SCG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1