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Austin Engineering Director Increases Shareholding

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Austin Engineering Director Increases Shareholding

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The latest announcement is out from Austin Engineering ( (AU:ANG) ).

Austin Engineering Limited announced a change in the director’s interest, with James Walker acquiring an additional 100,000 fully paid ordinary shares through an on-market purchase. This acquisition increases his indirect holdings to 180,000 shares, reflecting a strategic move that may signal confidence in the company’s future performance and stability, potentially influencing stakeholder perceptions positively.

The most recent analyst rating on (AU:ANG) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.

More about Austin Engineering

Austin Engineering Limited operates in the engineering industry, focusing on the design and manufacture of customized mining equipment and solutions. The company is known for its innovative approach to engineering challenges and serves a global market with a strong emphasis on efficiency and durability.

Average Trading Volume: 2,893,216

Technical Sentiment Signal: Sell

Current Market Cap: A$125.4M

For a thorough assessment of ANG stock, go to TipRanks’ Stock Analysis page.

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