tiprankstipranks
Trending News
More News >

Scentre Group Director Increases Stake with On-Market Purchase

Story Highlights
Scentre Group Director Increases Stake with On-Market Purchase

Scentre Group ( (AU:SCG) ) has shared an update.

Scentre Group has announced a change in the director’s interest as Ilana Rachel Atlas acquired an additional 50,000 ordinary stapled securities, bringing her total to 280,856. This on-market purchase reflects a strategic move by the director, potentially signaling confidence in the company’s future performance and stability, which may impact stakeholder perceptions positively.

More about Scentre Group

Scentre Group is a prominent entity in the retail property industry, comprising Scentre Group Limited and three associated trusts. It operates primarily in the management and development of shopping centers across Australia and New Zealand.

YTD Price Performance: 7.00%

Average Trading Volume: 9,439

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.53B

See more insights into SCG stock on 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