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Tower Limited ( (AU:TWR) ) just unveiled an announcement.
Tower Limited has disclosed that its chief executive officer, Paul Johnston, has reduced his beneficial holding of the company’s ordinary shares. Johnston sold 87,872 shares in on-market transactions on 27 February 2026 for total consideration of NZ$162,154.70, cutting his stake from 222,858 to 134,986 shares. The company confirmed the trades were conducted in accordance with its trading policy and occurred outside any closed period, providing transparency to investors about changes in senior management’s equity exposure.
The most recent analyst rating on (AU:TWR) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Tower Limited stock, see the AU:TWR Stock Forecast page.
More about Tower Limited
Tower Limited (NZX: TWR) is a New Zealand-listed financial services company operating in the insurance sector. It issues ordinary shares traded on the NZX and is overseen by a board and senior management team that includes a chief executive officer holding equity in the business.
Average Trading Volume: 109,963
Technical Sentiment Signal: Buy
Current Market Cap: A$536.8M
See more data about TWR stock on TipRanks’ Stock Analysis page.