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Cohort plc ( (GB:CHRT) ) has shared an update.
Cohort plc announced the reinvestment of dividends received by its Chief Executive, Andrew Thomis, and Finance Director, Simon Walther, along with their closely associated persons. This reinvestment involved the purchase of additional shares in the company, thereby slightly increasing their beneficial interests to 0.57% and 0.51% of the total issued share capital, respectively. The transactions occurred as part of automatic reinvestment plans across various accounts including ISAs and SIPs. This move reflects the executives’ continued confidence in the company’s prospects and may reassure stakeholders about the management’s commitment to the company’s growth.
More about Cohort plc
Cohort plc is a parent company of seven innovative businesses operating across the UK, Australia, Germany, and Portugal. It provides a range of services and products in the defense and related markets. The company operates in two main segments: Communications and Intelligence, and Sensors and Effectors. Under Communications and Intelligence, Cohort’s subsidiaries provide advanced communications systems, satellite communications on-the-move terminals, and data technology services for defense and security markets. In the Sensors and Effectors segment, the company offers surveillance, tracking, and fire-control systems, as well as advanced sonar systems.
YTD Price Performance: -0.92%
Average Trading Volume: 171,984
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £486.3M
Learn more about CHRT stock on TipRanks’ Stock Analysis page.
