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Calix Director Increases Shareholding in Confidence Move

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Calix Director Increases Shareholding in Confidence Move

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Calix Ltd. ( (AU:CXL) ) has provided an announcement.

Calix Limited announced a change in the shareholding of its director, Peter Dixon, who acquired 80,000 fully paid ordinary shares at $0.75 per share through a Share Purchase Plan, increasing his total holdings. This acquisition reflects potential confidence in the company’s growth prospects and could influence investor perception positively, as directors’ share purchases are often seen as a sign of optimism about the company’s future.

More about Calix Ltd.

Calix Limited operates in the advanced materials and technology industry, focusing on the development and commercialisation of innovative solutions. The company primarily offers products and services related to sustainable processing technologies, targeting industries such as agriculture, water treatment, and carbon capture.

YTD Price Performance: -30.0%

Average Trading Volume: 277,776

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$111.2M

See more data about CXL stock on TipRanks’ Stock Analysis page.

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