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Former CEO of Tower Limited Sells Significant Shareholding

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Former CEO of Tower Limited Sells Significant Shareholding

Elevate Your Investing Strategy:

The latest update is out from Tower Limited ( (AU:TWR) ).

Tower Limited has announced a significant transaction involving the sale of 134,000 ordinary shares by its former CEO, Blair McLaren Turnbull. This transaction, amounting to a total consideration of $211,824.48, reflects a decrease in Turnbull’s holdings, potentially impacting the company’s stock dynamics and signaling changes in executive confidence or personal financial strategy.

More about Tower Limited

Tower Limited operates in the financial services industry, primarily focusing on providing insurance products. The company is listed on the New Zealand Stock Exchange under the ticker TWR.

Average Trading Volume: 50,883

Technical Sentiment Signal: Buy

Current Market Cap: A$497.9M

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

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