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Servcorp Director Increases Shareholding

Story Highlights
  • Servcorp Limited’s Director Alfred George Moufarrige acquired 48,000 additional shares.
  • The acquisition may indicate confidence in Servcorp’s future performance and stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Servcorp Limited ( (AU:SRV) ) has shared an announcement.

Servcorp Limited announced a change in the director’s interest in securities, with Director Alfred George Moufarrige acquiring an additional 48,000 ordinary shares through an on-market trade. This acquisition increases his indirect shareholding, potentially signaling confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions.

More about Servcorp Limited

Servcorp Limited operates in the serviced office industry, providing flexible office spaces, virtual offices, and coworking spaces to businesses globally. The company focuses on offering premium office solutions to enhance business productivity and efficiency.

YTD Price Performance: 4.61%

Average Trading Volume: 61,040

Technical Sentiment Signal: Sell

Current Market Cap: A$492.5M

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

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