NZME Ltd. (NZMEF) has released an update.
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NZME Ltd.’s CEO, Michael Raymond Boggs, increased his stake in the company by acquiring an additional 470,809 ordinary shares, bringing his total to 2,988,774 shares. This transaction was part of an automatic share rights exercise under the 2021 Total Incentive Plan, completed with no cash consideration. Investors may find this move significant as it reflects the CEO’s confidence in the company’s future performance.
For further insights into NZMEF stock, check out TipRanks’ Stock Analysis page.