Ah Hong Lai Sells 1,300,000 Shares of PRL Global (ASX:PRG) Stock

PRL Global Ltd. (ASX:PRG) insider Ah Hong Lai sold 1,300,000 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of A$1.75, for a total value of A$2,275,000.00.

PRL Global Stock Performance

PRL Global Cuts Dividend

The firm also recently disclosed a Final dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 23rd will be issued a $0.02 dividend. This represents a yield of 119.0%. The ex-dividend date is Wednesday, September 24th. PRL Global’s dividend payout ratio is 100.00%.

PRL Global Company Profile

PRL Global Ltd., together with its subsidiaries, engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia, Asia, North America, Europe, Africa, and Oceania. It operates through Fertiliser, Farming, and Logistics segments. The company also provides earthmoving, fuel pilotage, and maintenance services to other organizations in Christmas Island; operates a palm oil estate; and cultivates, processes, and sells palm oil products.