GgoogleAU first seen 1 d ago, last 1 d ago, peak #4

Commonwealth Bank director Julie Galbo lifts shareholding

Original: commonwealth bank

Commonwealth Bank of Australia director Julie Galbo has increased her shareholding in the bank through a dividend reinvestment plan, according to TipRanks. The move means she took her dividend payout in additional CBA shares rather than cash, a routine but closely watched signal of insider confidence in Australia's largest bank.

Why now: Investors track insider share purchases at major listed companies as a signal of confidence.

Commonwealth Bank of AustraliaJulie Galbo

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Evidence

• CBA Director Julie Galbo Increases Shareholding via Dividend Reinvestment · TipRanks

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