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Director Increases Stake in Southern Cross Electrical Engineering

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Director Increases Stake in Southern Cross Electrical Engineering

Confident Investing Starts Here:

An update from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.

Southern Cross Electrical Engineering Limited announced a change in the director’s interest, as Karl John Paganin increased his indirect shareholding by acquiring 27,304 ordinary shares through the company’s Dividend Reinvestment Plan. This acquisition, at a price of $1.7233 per share, raises Paganin’s total holdings to 1,909,501 shares, reflecting his continued confidence in the company’s financial performance and future prospects.

More about Southern Cross Electrical Engineering Limited

Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, providing specialized electrical, instrumentation, communication, and maintenance services. The company focuses on delivering these services across various sectors, including resources, infrastructure, and commercial markets.

YTD Price Performance: -4.49%

Technical Sentiment Signal: Sell

Current Market Cap: €228.6M

Find detailed analytics on SXE stock on TipRanks’ Stock Analysis page.

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