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KMD Brands Limited ( (AU:KMD) ) has issued an announcement.
KMD Brands Limited announced a significant acquisition of shares by its Group CEO and Managing Director, Brentley James Scrimshaw. Scrimshaw acquired 468,750 ordinary shares in the company through on-market purchases, amounting to a total consideration of $159,768.68. This acquisition reflects a strategic move by the CEO, potentially signaling confidence in the company’s future performance and aligning his interests with those of the shareholders.
More about KMD Brands Limited
KMD Brands Limited operates in the retail industry, focusing on outdoor and adventure apparel and equipment. The company is known for its range of products that cater to outdoor enthusiasts and is listed on both the NZX and ASX.
YTD Price Performance: -17.95%
Average Trading Volume: 223,135
Technical Sentiment Signal: Buy
Current Market Cap: A$224.9M
For detailed information about KMD stock, go to TipRanks’ Stock Analysis page.