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Spirax Group Announces DRIP Share Awards to Key Executives

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Spirax Group Announces DRIP Share Awards to Key Executives

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Spirax Sarco Engineering ( (GB:SPX) ) has shared an update.

Spirax Group plc has announced a series of transactions involving the award of DRIP shares to key executives following the final dividend payment in May 2025. This notification, initially omitted due to a clerical error, involves several high-ranking officials including the Group CEO, HR Director, ETS Managing Director, and Group Sustainability Director. The transactions were conducted on the London Stock Exchange, with the shares being awarded at varying prices, reflecting the company’s commitment to transparency in its financial dealings.

The most recent analyst rating on (GB:SPX) stock is a Buy with a £7850.00 price target. To see the full list of analyst forecasts on Spirax Sarco Engineering stock, see the GB:SPX Stock Forecast page.

Spark’s Take on GB:SPX Stock

According to Spark, TipRanks’ AI Analyst, GB:SPX is a Outperform.

Spirax Sarco Engineering’s strong financial performance and positive corporate events are key strengths. Technical analysis suggests moderate momentum, while valuation raises some concerns about overvaluation. The company’s strategic direction and shareholder confidence are notable positives.

To see Spark’s full report on GB:SPX stock, click here.

More about Spirax Sarco Engineering

Average Trading Volume: 184,908

Technical Sentiment Signal: Sell

Current Market Cap: £4.55B

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

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