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Bendigo & Adelaide Bank Updates Director’s Securities Interests

Story Highlights
  • Bendigo & Adelaide Bank operates in financial services, offering banking and investment solutions.
  • Director Richard Fennell acquired 9,168 STI Rights, adjusting his incentive structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bendigo & Adelaide Bank Updates Director’s Securities Interests

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The latest announcement is out from Bendigo & Adelaide Bank ( (AU:BEN) ).

Bendigo & Adelaide Bank Limited announced a change in the director’s interest, specifically regarding Richard Allan Fennell’s securities. The change involves the acquisition of 9,168 Short-term Incentive (STI) Rights under the company’s Short-term Incentive Plan, reflecting an adjustment in Fennell’s compensation and incentive structure. This change signifies the bank’s ongoing efforts to align executive incentives with performance objectives, potentially impacting the company’s governance and stakeholder interests.

The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo & Adelaide Bank Limited operates in the financial services industry, primarily offering banking products and services. The company focuses on providing a range of financial solutions including personal and business banking, wealth management, and investment services to its customers.

Average Trading Volume: 1,092,254

Technical Sentiment Signal: Buy

Current Market Cap: A$7.48B

For detailed information about BEN stock, go to TipRanks’ Stock Analysis page.

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