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Scentre Group Director Increases Stake Through Reinvestment Plan

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Scentre Group Director Increases Stake Through Reinvestment Plan

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

Scentre Group has announced a change in the director’s interest notice for Catherine Michelle Brenner, who has increased her indirect interest in the company by acquiring 2,355 ordinary stapled securities through the Group’s Distribution Reinvestment Plan. This change reflects a minor adjustment in the director’s holdings, indicating continued confidence in the company’s financial strategies and operations.

More about Scentre Group

Scentre Group is a prominent entity in the retail property industry, comprising Scentre Group Limited and three associated trusts. The company is primarily focused on owning and operating Westfield shopping centers across Australia and New Zealand, providing retail space and services to a wide range of tenants.

YTD Price Performance: 7.00%

Average Trading Volume: 9,439

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.53B

Learn more about SCG stock on TipRanks’ Stock Analysis page.

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