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Elementis CFO Sells Shares to Cover Tax Liabilities

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Elementis CFO Sells Shares to Cover Tax Liabilities

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The latest announcement is out from Elementis ( (GB:ELM) ).

Elementis PLC announced a transaction involving its CFO, Ralph Hewins, who sold 132,625 shares following the vesting of long-term incentive plan (LTIP) share awards. The sale was conducted to cover tax and related liabilities, with the remaining 148,708 shares retained, highlighting a strategic financial management move within the company.

The most recent analyst rating on (GB:ELM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Elementis stock, see the GB:ELM Stock Forecast page.

Spark’s Take on GB:ELM Stock

According to Spark, TipRanks’ AI Analyst, GB:ELM is a Neutral.

Elementis’s overall stock score reflects mixed financial performance, with strong cash flow but negative profitability impacting valuation. Bullish technical indicators and strategic corporate events enhance the score, suggesting potential for future improvement.

To see Spark’s full report on GB:ELM stock, click here.

More about Elementis

Elementis PLC operates in the specialty chemicals industry, focusing on the production of chemical additives and related products. The company serves various markets, including personal care, coatings, and energy sectors.

Average Trading Volume: 1,147,877

Technical Sentiment Signal: Strong Buy

Current Market Cap: £902.2M

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

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