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Morgan Advanced Materials Announces Executive Share Transactions

Story Highlights
  • Morgan Advanced Materials operates in advanced materials, focusing on ceramics and composites.
  • Executives sold shares to cover tax obligations, reflecting performance-linked compensation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Morgan Advanced Materials Announces Executive Share Transactions

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The latest update is out from Morgan Advanced Materials ( (GB:MGAM) ).

Morgan Advanced Materials has announced the vesting and sale of shares by several of its directors and persons discharging managerial responsibilities (PDMRs) under the company’s Long-Term Incentive and Deferred Bonus Plans. These transactions, conducted on the London Stock Exchange, involve the sale of shares to cover tax and national insurance obligations. This announcement highlights the company’s ongoing commitment to aligning executive compensation with performance metrics, potentially impacting shareholder value and market perception.

More about Morgan Advanced Materials

Morgan Advanced Materials is a company operating in the advanced materials industry, focusing on the development and manufacturing of high-performance materials and components. Their primary products include ceramics, carbon, and composites, which serve various markets such as transportation, healthcare, and industrial sectors.

YTD Price Performance: -22.06%

Average Trading Volume: 972,947

Technical Sentiment Signal: Buy

Current Market Cap: £594.9M

See more data about MGAM stock on TipRanks’ Stock Analysis page.

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