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PolyNovo Director Increases Stake with Share Acquisition

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PolyNovo Director Increases Stake with Share Acquisition

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The latest announcement is out from Polynovo ( (AU:PNV) ).

PolyNovo Limited has announced a change in the director’s interest, with Dr. Robyn Elliott acquiring 20,000 ordinary fully paid shares through an on-market trade. This acquisition increases Dr. Elliott’s total holdings to 94,789 shares, reflecting a vote of confidence in the company’s prospects and potentially impacting investor perception positively.

The most recent analyst rating on (AU:PNV) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Polynovo stock, see the AU:PNV Stock Forecast page.

More about Polynovo

PolyNovo Limited operates in the medical technology industry, specializing in the development and commercialization of innovative biodegradable polymers for use in medical devices. The company’s primary product is the NovoSorb technology, which is used in various applications, including wound care and tissue regeneration.

Average Trading Volume: 2,731,955

Technical Sentiment Signal: Buy

Current Market Cap: A$1.05B

For an in-depth examination of PNV stock, go to TipRanks’ Overview page.

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