Chorus Limited ( (CHRUF) ) just unveiled an update.
Chorus Limited announced a significant increase in the shareholding of its director, Neal Anthony Barclay, who acquired additional ordinary shares, raising his total holdings from 11,233 to 24,320 shares. This acquisition, conducted through market purchases totaling NZD 105,000 across three transactions, reflects a substantial personal investment by a key company figure, potentially signaling confidence in the company’s future performance.
More about Chorus Limited
Chorus Limited operates in the telecommunications industry, primarily focusing on providing broadband infrastructure services. The company plays a crucial role in New Zealand’s telecommunications market by managing the country’s largest fixed-line network, which is essential for internet and data services.
YTD Price Performance: -7.67%
Technical Sentiment Signal: Buy
Current Market Cap: $1.96B
See more data about CHRUF stock on TipRanks’ Stock Analysis page.