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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.