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Carbonxt Director Increases Stake Through Share Purchase Plan

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Carbonxt Director Increases Stake Through Share Purchase Plan

Confident Investing Starts Here:

An update from Carbonxt Group Ltd. ( (AU:CG1) ) is now available.

Carbonxt Group Ltd. has announced a change in the director’s interest, with Director Matthew Driscoll acquiring an additional 500,000 fully paid ordinary shares, increasing his total holdings to 3,276,962 shares. This acquisition was part of a Share Purchase Plan, reflecting a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future performance and stability.

More about Carbonxt Group Ltd.

Carbonxt Group Ltd. operates in the environmental technology industry, specializing in the development and supply of activated carbon products used primarily for air and water purification. The company focuses on providing solutions for reducing emissions and pollutants, catering to industries such as power generation and water treatment.

YTD Price Performance: -27.14%

Average Trading Volume: 202,235

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$22.99M

See more insights into CG1 stock on TipRanks’ Stock Analysis page.

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