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HANZA Chairman Increases Shareholding, Signaling Confidence

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HANZA Chairman Increases Shareholding, Signaling Confidence

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An announcement from Hanza AB ( (SE:HANZA) ) is now available.

Francesco Franzé, Chairman of the Board at HANZA, has increased his stake in the company by purchasing 5,000 additional shares, bringing his total to 3,505,000 shares, equivalent to 7.63% ownership. This move could indicate confidence in the company’s strategic direction and potential growth, potentially impacting investor perceptions and market positioning.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK137.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

More about Hanza AB

HANZA is a contract manufacturing company that operates through regional manufacturing clusters, which are geographically concentrated production units utilizing various manufacturing technologies. The company combines technologies such as mechanics, electronics, cable harnesses, and final assembly to reduce complexity and costs while improving quality and delivery reliability. HANZA employs approximately 3,500 people, generates annual revenues of around SEK 6.5 billion, and is listed on Nasdaq Stockholm, operating in eight countries.

Average Trading Volume: 149,705

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.7B

See more insights into HANZA stock on TipRanks’ Stock Analysis page.

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