3 ASX All Ords directors buying up their company shares this week

Investors like seeing directors spending their own money investing in their own companies.

| More on:
A smiling company executive in a board room with others.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The ASX All Ords (ASX: XAO) closed in the red today, down 0.6% to 7,364.4 points.

In this article, we reveal which directors have raised their personal stakes in the companies they run.

ASX All Ords directors buying up big

Aurizon Holdings Ltd (ASX: AZJ)

Aurizon independent non-executive Tim Longstaff bought 27,500 shares on Tuesday.

He paid an average price of $3.6197 per share for a total consideration of $99,541.75.

The on-market purchase represented Longstaff's first purchase since joining the board on 1 June.

Aurizon reported its FY23 full-year results on Monday.

The rail operator revealed a 30% fall in underlying net profit after tax (NPAT) to $367 million and slashed its final dividend by 27% to 8 cents per share.

The ASX All Ords share closed the session on Thursday up 0.54% to $3.69.

GWA Group Ltd (ASX: GWA)

GWA independent chair and non-executive director Darryl McDonough purchased 30,000 shares on Monday.

This raised his stake in the company by 17.6%, from 170,000 shares to 200,000 shares.

He purchased the ASX All Ords shares on-market through his superannuation fund for $62,480.75.

That means an average price of $2.08 per GWA share.

GWA designs, imports, and markets building fixtures and fittings.

The company released its FY23 full-year results on the same day as McDonough's purchase.

The company reported a statutory NPAT of $43.2 million, up 22.7% on FY22.

The ASX All Ords share closed at $2.08 today, down 1.42%.

Boral Limited (ASX: BLD)

Boral non-executive director Mark Johnson has declared an indirect purchase of 10,000 Boral shares.

Johnson purchased the building supplies stock for $50,700 on-market on Monday.

That means an average price of $5.07 per Boral share.

Boral released its FY23 full-year results last week.

The company revealed quadrupled underlying NPAT of $142.7 million.

The ASX All Ords share finished trading at $5.06, down 0.39% for the day.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Aurizon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

A female ASX investor looks through a magnifying glass that enlarges her eye and holds her hand to her face with her mouth open as if looking at something of great interest or surprise.
Broker Notes

3 of the best ASX 200 shares to buy in 2025

Let's see why analysts at Bell Potter are bullish on these shares next year.

Read more »

People of different ethnicities in a room taking a big selfie, symbolising diversification.
Opinions

Want diversification? Get it instantly with these ASX 200 shares

Some businesses offer a lot more diversification than others.

Read more »

A happy man and woman on a computer at Christmas, indicating a positive trend for retail shares.
Opinions

2 ASX 200 shares I'd want to receive as a present today

Merry Christmas! Are there any stocks under your tree?

Read more »

a young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
Share Gainers

Why Avita Medical, GenusPlus, Mesoblast, and Polynovo shares are storming higher

These shares are having a better day than most today. But why?

Read more »

Three guys in shirts and ties give the thumbs down.
Share Fallers

Why Charter Hall Retail, DroneShield, FBR, and St Barbara shares are tumbling today

These shares are having a tough time on Tuesday. But why?

Read more »

Contented looking man leans back in his chair at his desk and smiles.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these stocks.

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Broker Notes

2 of the best ASX shares to buy in 2025

Bell Potter is feeling bullish on these shares as the new year approaches.

Read more »

A happy man and woman on a computer at Christmas, indicating a positive trend for retail shares.
Share Market News

5 things to watch on the ASX 200 on Tuesday

Will the market give investors a little Christmas present today?

Read more »