Martin Deda Sells 100,000 Shares of Bravura Solutions Ltd (BVS) Stock

Bravura Solutions Ltd (ASX:BVS) insider Martin Deda sold 100,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of A$5.44 ($3.86), for a total transaction of A$544,000.00 ($385,815.60).

ASX BVS opened at A$5.54 ($3.93) on Friday. Bravura Solutions Ltd has a 12 month low of A$2.31 ($1.64) and a 12 month high of A$5.68 ($4.03). The company has a debt-to-equity ratio of 9.77, a current ratio of 0.94 and a quick ratio of 0.86. The stock has a market cap of $1.19 billion and a PE ratio of 40.74.

The business also recently disclosed a Interim dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.053 per share. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Monday, March 4th. Bravura Solutions’s dividend payout ratio is currently 73.53%.

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About Bravura Solutions

Bravura Solutions Limited provides enterprise software and software-as-a-service (SaaS) to the wealth management, life insurance, and funds administration markets in Australia, New Zealand, the United Kingdom, South Africa, and internationally. It operates through two segments, Wealth Management and Funds Administration.

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