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WAM Income Maximiser Limited ( (AU:WMX) ) has issued an update.
WAM Income Maximiser Limited has disclosed a change in the interests of director Geoffrey Wilson, who increased his indirect holding in the company through associated entities. Between 18 March and 24 March 2026, Wilson acquired 69,280 ordinary shares via on-market purchases at a total cost of about $107,051, lifting his indirect stake from 3,359,084 to 3,428,364 shares.
The transaction, executed through superannuation and trust structures in which Wilson is a beneficiary, reflects additional director alignment with shareholders but does not involve any change in contractual interests. The company confirmed that the trades did not occur during a closed period requiring prior written clearance, indicating the purchases were made under normal trading conditions and governance practices.
More about WAM Income Maximiser Limited
WAM Income Maximiser Limited is an Australian listed investment company focused on generating income for shareholders through an actively managed portfolio. The company typically targets higher-yielding investments and uses strategies such as share selection and income-focused management to deliver regular returns to investors in the Australian market.
Average Trading Volume: 307,338
Technical Sentiment Signal: Strong Sell
For an in-depth examination of WMX stock, go to TipRanks’ Overview page.