Jacqueline Korhonen Buys 9,500 Shares of Bapcor Limited (ASX:BAP) Stock

Bapcor Limited (ASX:BAP) insider Jacqueline Korhonen acquired 9,500 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were purchased at an average price of A$5.16 ($3.25) per share, with a total value of A$49,020.00 ($30,830.19).

Bapcor Stock Performance

The company has a current ratio of 2.33, a quick ratio of 0.82 and a debt-to-equity ratio of 77.69. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of -10.85, a PEG ratio of 1.60 and a beta of 0.54.

Bapcor Cuts Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd will be paid a $0.08 dividend. This represents a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, March 12th. Bapcor’s payout ratio is -23.40%.

Bapcor Company Profile

Bapcor Limited sells and distributes vehicle parts, accessories, automotive equipment, and services and solutions in Australia, New Zealand, and Thailand. The company operates through four segments: Bapcor Trade, Bapcor Specialist Wholesale, Bapcor Retail, and Bapcor NZ. The Bapcor Trade segment offers automotive aftermarket parts and consumables to trade workshops for the service and repair of passenger and commercial vehicles; automotive workshop equipment, such as vehicle hoists and scanning equipment, including the servicing of the equipment; and automotive accessories and maintenance products to do-it-yourself vehicle owners.