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CT Automotive’s Director Increases Stake with Share Purchase

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CT Automotive’s Director Increases Stake with Share Purchase

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The latest update is out from CT Automotive Group Plc ( (GB:CTA) ).

CT Automotive Group PLC announced that Geraint Davies, the Senior Independent Non-Executive Director, has acquired 50,000 Ordinary Shares at 27.5 pence each, increasing his total shareholding to 54,800 shares, which represents 0.07% of the company’s issued share capital. This transaction signifies a vote of confidence in the company by its senior management, potentially impacting investor sentiment and the company’s market position.

More about CT Automotive Group Plc

CT Automotive Group PLC is a prominent designer, developer, and supplier of interior components for the global automotive industry.

YTD Price Performance: -31.25%

Average Trading Volume: 94,350

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £20.24M

For a thorough assessment of CTA stock, go to TipRanks’ Stock Analysis page.

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