Teaminvest Director Increases Shareholding via Dividend Reinvestment Plan

Teaminvest Private Group Ltd ( (AU:TIP) ) just unveiled an announcement.

Teaminvest Private Group Ltd has disclosed changes to director Malcolm Murray Jones’s holdings following participation in the company’s dividend reinvestment plan. Jones holds shares both directly and indirectly through the Relm Superannuation Fund and the Relm Trust, where he is a trustee.

Under the plan related to a recently announced dividend, Jones and the associated entities acquired a total of 5,399 new fully paid ordinary shares at $1.6814 per share. The additions modestly increase his direct and trustee-linked shareholdings, underscoring ongoing director participation in equity-based remuneration and alignment with shareholder interests.

The most recent analyst rating on (AU:TIP) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Teaminvest Private Group Ltd stock, see the AU:TIP Stock Forecast page.

More about Teaminvest Private Group Ltd

Teaminvest Private Group Ltd is an Australian listed company that appears to operate a dividend-paying structure for its shareholders. The business engages investors through mechanisms such as a dividend reinvestment plan, allowing equity holders, including directors, to increase their stake via share issuance rather than cash payouts.

Average Trading Volume: 17,301

Technical Sentiment Signal: Sell

Current Market Cap: A$35.87M

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