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Mader Group Ltd Director Increases Stake in Company

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Mader Group Ltd Director Increases Stake in Company

Mader Group Ltd ( (AU:MAD) ) has issued an announcement.

Mader Group Ltd has announced a change in the director’s interest in securities, specifically involving Luke Mader. The company disclosed that Mr. Mader, through an entity he controls, acquired 20,095 fully paid ordinary shares via an on-market trade, bringing his indirect holdings to a total of 1,493,595 shares. This acquisition reflects a strategic move to consolidate Mr. Mader’s stake in the company, potentially signaling confidence in the company’s future performance and stability.

More about Mader Group Ltd

YTD Price Performance: -7.64%

Average Trading Volume: 137,618

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.12B

Find detailed analytics on MAD stock on TipRanks’ Stock Analysis page.

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