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Codan Limited Director Acquires Additional Shares

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Codan Limited Director Acquires Additional Shares

Codan Limited ( (AU:CDA) ) has shared an update.

Codan Limited has announced a change in the director’s interest, with Heith Mackay-Cruise acquiring 4,187 ordinary shares through the exercise of NED rights under the Codan Share Rights Plan. This transaction reflects an increase in direct ownership by the director, potentially signaling confidence in the company’s future performance and aligning the director’s interests with those of shareholders.

More about Codan Limited

Codan Limited operates in the technology sector, primarily focusing on the development and manufacturing of electronics and communications equipment. The company serves a range of markets, including defense, mining, and public safety, providing innovative solutions that enhance operational efficiency and safety.

YTD Price Performance: -1.02%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.85B

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

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