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Meridian Energy Director Increases Shareholding Significantly

Story Highlights
  • Meridian Energy operates in the renewable energy sector in New Zealand.
  • Director Nagaja Sanatkumar increased her shareholding, indicating confidence in Meridian’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meridian Energy Director Increases Shareholding Significantly

Confident Investing Starts Here:

Meridian Energy Limited ( (MDDNF) ) has provided an update.

Meridian Energy Limited has disclosed a change in the shareholding of one of its directors, Nagaja Sanatkumar. The disclosure notice reveals that Sanatkumar has increased her beneficial ownership of ordinary shares from 8,769.22 to 17,719.62 through a series of on-market purchases. This transaction reflects a significant increase in her stake, potentially indicating confidence in the company’s future performance.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company operating in the energy sector. It is listed on the NZX and ASX stock exchanges and is involved in the generation and retailing of electricity, focusing on renewable energy sources.

See more insights into MDDNF stock on TipRanks’ Stock Analysis page.

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