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Empire Energy’s Director Increases Stake Through Share Purchase Plan

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Empire Energy’s Director Increases Stake Through Share Purchase Plan

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An announcement from Empire Energy Group Limited ( (AU:BTL) ) is now available.

Empire Energy Group Limited announced a change in the director’s interest notice for Alexander Underwood, a director of Beetaloo Energy Australia Limited. The change involves the acquisition of 167,178 ordinary shares through a Share Purchase Plan approved by shareholders, increasing Underwood’s indirect holdings to 2,117,178 ordinary shares. This move reflects the company’s ongoing efforts to align its leadership’s interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (AU:BTL) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.

More about Empire Energy Group Limited

YTD Price Performance: 22.22%

Average Trading Volume: 1,829,052

Technical Sentiment Signal: Buy

Current Market Cap: A$340.4M

Learn more about BTL stock on TipRanks’ Stock Analysis page.

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