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Norcros Director Increases Stake with Share Purchase

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Norcros Director Increases Stake with Share Purchase

Confident Investing Starts Here:

Norcros ( (GB:NXR) ) just unveiled an update.

Norcros has announced a share dealing notification involving Stefan Allanson, the Non-Executive Director, who purchased 10,158 ordinary shares at 235 pence each on February 5, 2025, on the London Stock Exchange. This transaction has increased Allanson’s total shareholding in the company from 11,305 to 21,463 shares, reflecting a significant increase in his investment and indicating confidence in the company’s future prospects.

More about Norcros

Norcros plc is a company operating in the home improvement sector, focusing on manufacturing and distributing a variety of home products such as tiles, showers, and taps. They primarily serve markets in the UK and South Africa, offering solutions that cater to both residential and commercial spaces.

YTD Price Performance: -9.73%

Average Trading Volume: 200,654

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £209.3M

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

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