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WAM Global Director Increases Holding via Dividend Reinvestment Plan

Story Highlights
  • WAM Global director Kate Thorley slightly increased her direct shareholding through the dividend reinvestment plan.
  • Her indirect holdings were unchanged, and the small allocation was confirmed as outside any ASX closed trading period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WAM Global Director Increases Holding via Dividend Reinvestment Plan

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The latest announcement is out from WAM Global Ltd. ( (AU:WGB) ).

WAM Global Ltd. has reported a minor change in the shareholdings of director Kate Thorley, reflecting her participation in the company’s dividend reinvestment plan. Thorley acquired 82 additional ordinary shares directly, increasing her direct holding to 2,852 shares while her indirect holding through superannuation and investment entities remains at 108,359 shares.

The transaction was executed via the dividend reinvestment plan at an issue price of about $2.18 per share, with a total cash value of $178.50 attributed to the new allocation. The company confirmed there were no related changes in director interests in contracts and that the trade did not occur during a closed period that would have required prior written clearance.

More about WAM Global Ltd.

WAM Global Ltd. is an investment company listed on the ASX, operating in the funds management sector. It provides investors with exposure to a portfolio of global equities, aiming to generate capital growth and income through active management of listed international securities.

Average Trading Volume: 283,601

Technical Sentiment Signal: Hold

For a thorough assessment of WGB stock, go to TipRanks’ Stock Analysis page.

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