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Director’s Shareholding Change at GR Engineering Services

Story Highlights
  • GR Engineering Services focuses on engineering solutions for resources and mineral processing.
  • Director Giuseppe Totaro sold 3 million shares, impacting governance and stakeholder views.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Director’s Shareholding Change at GR Engineering Services

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The latest update is out from GR Engineering Services Ltd ( (AU:GNG) ).

GR Engineering Services Limited has announced a change in the interest of one of its directors, Mr. Giuseppe Totaro. Mr. Totaro has disposed of 3,000,000 ordinary shares, reducing his holding from 8,000,000 to 5,000,000 shares. This transaction was conducted as an on-market trade, valued at $12,300,000. The change in shareholding could have implications for the company’s governance and may affect stakeholder perceptions.

The most recent analyst rating on (AU:GNG) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on GR Engineering Services Ltd stock, see the AU:GNG Stock Forecast page.

More about GR Engineering Services Ltd

GR Engineering Services Limited operates in the engineering services industry, focusing on providing design and construction services to the resources and mineral processing sectors. The company is known for its expertise in delivering comprehensive engineering solutions to its clients.

Average Trading Volume: 311,622

Technical Sentiment Signal: Buy

Current Market Cap: A$689.7M

For detailed information about GNG stock, go to TipRanks’ Stock Analysis page.

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