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Mader Group Director Reduces Shareholding

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Mader Group Director Reduces Shareholding

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The latest update is out from Mader Group Ltd ( (AU:MAD) ).

Mader Group Ltd announced a change in the director’s interest, with Craig Burton, a director of the company, disposing of 1,000,000 ordinary shares through an on-market trade. This transaction, valued at $8,400,000, reduces Burton’s indirect shareholding in the company to 36,018,000 shares. This change in shareholding may have implications for the company’s stock market perception and stakeholder interests.

The most recent analyst rating on (AU:MAD) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Mader Group Ltd stock, see the AU:MAD Stock Forecast page.

More about Mader Group Ltd

Mader Group Ltd is a company involved in the industry of providing maintenance services, primarily focusing on mobile and fixed plant equipment. The company operates in various markets, offering specialized services to the mining and civil industries.

Average Trading Volume: 131,550

Technical Sentiment Signal: Buy

Current Market Cap: A$1.73B

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

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