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Seek Director Michael Wachtel Increases Indirect Shareholding in Company

Story Highlights
  • Seek director Michael Wachtel has indirectly acquired 10,000 additional ordinary shares via a superannuation fund trustee.
  • The updated director interest notice increases Wachtel’s equity exposure, aligning board incentives and meeting ASX disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Seek Director Michael Wachtel Increases Indirect Shareholding in Company

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Seek Limited ( (AU:SEK) ) has issued an update.

Seek Limited has disclosed a change in director interests, noting that director Michael Wachtel has indirectly acquired an additional 10,000 ordinary shares in the company via Fresnaye Nominees Pty Ltd as trustee for the Fresnaye Superannuation Fund. The transaction, which lifts Wachtel’s indirect holding in Seek, signals increased financial alignment between the director and shareholders and provides the market with updated information on board-level equity exposure in accordance with ASX disclosure requirements.

The most recent analyst rating on (AU:SEK) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Seek Limited stock, see the AU:SEK Stock Forecast page.

More about Seek Limited

Seek Limited is an Australian-listed company operating online employment marketplaces and related human capital platforms. It connects job seekers with employers and provides recruitment and workforce solutions across multiple markets, positioning it as a key player in the digital jobs and talent-matching sector.

Average Trading Volume: 1,273,587

Technical Sentiment Signal: Sell

Current Market Cap: A$5.74B

For detailed information about SEK stock, go to TipRanks’ Stock Analysis page.

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