RGC Resources senior VP Lawrence Oliver buys $200 in common stock

Investing.com · 2026-11-06 12:31 UTC

RGC Resources senior VP Lawrence Oliver buys $200 in common stock

Lawrence T. Oliver, Senior VP and Secretary at RGC Resources Inc. (NASDAQ:RGCO), recently purchased common stock valued at $200. The transaction occurred on November 2, 2026. The stock currently trades at $23.14, near Oliver’s purchase price.

Mr. Oliver acquired 8.681 shares at a price of $23.04 per share. These shares were purchased through an optional cash contribution as part of the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

Following this transaction, Mr. Oliver directly holds 30,252.245 shares of RGC Resources common stock. This total includes 19.815 shares purchased on November 2, 2026, via dividends reinvested in the company’s Dividend Reinvestment and Stock Purchase Plan, and an additional 58.298 restricted shares acquired on the same date through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan. The company offers a dividend yield of 3.76% and has raised its dividend for 13 consecutive years, according to InvestingPro data. Analysis suggests the stock is currently overvalued relative to its Fair Value. For deeper insights, investors can access comprehensive Pro Research Reports covering RGCO and 1,400+ other US equities.

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