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Mercury NZ ( (MGHTF) ) just unveiled an update.
Mercury NZ Limited has issued an ongoing disclosure notice regarding the acquisition of 7,500 ordinary shares by its director, Rob Hamilton. This transaction highlights the director’s increased stake in the company, which could be seen as a sign of confidence in Mercury NZ’s strategic direction and future performance.
More about Mercury NZ
Mercury NZ Limited is a company that generates electricity from 100% renewable sources, including hydro, geothermal, and wind. It also provides retail services for electricity, gas, broadband, and mobile services. The company is listed on both the New Zealand Stock Exchange and the Australian Stock Exchange under the ticker symbol ‘MCY’, with the New Zealand Government holding a minimum 51% shareholding.
Learn more about MGHTF stock on TipRanks’ Stock Analysis page.