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Mader Group Ltd ( (AU:MAD) ) has shared an announcement.
Mader Group Ltd has announced a change in the director’s interest, with Craig Burton, a director of the company, reducing his indirect shareholding by disposing of 3,000,000 ordinary shares through an on-market trade. This transaction, valued at $25,200,000, results in Burton holding 33,018,000 ordinary shares. The change in shareholding could indicate strategic financial planning or portfolio adjustments by the director, potentially impacting stakeholders’ perceptions of the company’s future direction.
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 operating in the industrial sector, focusing on providing maintenance and support services for heavy equipment across various industries. The company is known for its expertise in maintaining and repairing machinery, which is crucial for operations in sectors such as mining, construction, and energy.
Average Trading Volume: 189,463
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
Find detailed analytics on MAD stock on TipRanks’ Stock Analysis page.