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KMD Brands Limited ( (AU:KMD) ) has provided an update.
KMD Brands Limited, a company listed on the NZX and ASX, has disclosed a change in the shareholding of its Group CEO and Managing Director, Brentley James Scrimshaw. The disclosure reveals that Scrimshaw has increased his beneficial ownership of ordinary shares in the company from 468,750 to 784,374 shares through on-market purchases totaling 315,624 shares at an average price of $0.34 per share, amounting to $107,628.85. This transaction indicates a significant increase in Scrimshaw’s stake in the company, potentially signaling confidence in the company’s future prospects.
More about KMD Brands Limited
YTD Price Performance: -19.23%
Average Trading Volume: 220,593
Technical Sentiment Signal: Buy
Current Market Cap: A$228.9M
Learn more about KMD stock on TipRanks’ Stock Analysis page.