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An update from Insurance Australia Group Limited ( (AU:IAG) ) is now available.
Insurance Australia Group Limited announced a change in the director’s interest notice, specifically concerning Nicholas Hawkins. The update revealed no change in the number of fully paid ordinary shares held by Hawkins, maintaining his holding at 857,832 shares. However, there was a significant increase in his Deferred Awards Rights (DARs) and Executive Performance Rights (EPRs), with an acquisition of 135,410 DARs and 334,440 EPRs, bringing his total to 170,090 DARs and 1,903,780 EPRs. This change reflects the company’s ongoing commitment to aligning executive interests with shareholder value, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:IAG) stock is a Buy with a A$9.65 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
More about Insurance Australia Group Limited
Insurance Australia Group Limited operates in the insurance industry, providing a range of insurance products and services. The company focuses on offering general insurance services across various markets in Australia and New Zealand.
Average Trading Volume: 5,137,437
Technical Sentiment Signal: Buy
Current Market Cap: A$18.59B
For detailed information about IAG stock, go to TipRanks’ Stock Analysis page.