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Frequentis AG Executive Board Member Acquires Shares

Story Highlights
  • Frequentis AG focuses on communication systems for safety-critical industries.
  • Executive Board member Norbert Haslacher purchased 7,448 shares as part of a remuneration program.
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Frequentis AG Executive Board Member Acquires Shares

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Frequentis AG ( (DE:FQT) ) has issued an announcement.

Frequentis AG announced a manager’s transaction involving the purchase of 7,448 shares by Norbert Haslacher, a member of the Executive Board. This transaction is part of a share transfer program, serving as a remuneration component, and was conducted outside a trading venue, highlighting the company’s commitment to aligning managerial interests with shareholder value.

More about Frequentis AG

Frequentis AG is a company based in Vienna, Austria, known for its innovative solutions in communication and information systems. The company primarily operates in the safety-critical industries, providing products and services that enhance communication and information management for air traffic control, public safety, and defense sectors.

YTD Price Performance: 46.10%

Average Trading Volume: 3,278

Technical Sentiment Signal: Sell

Current Market Cap: €521.3M

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

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