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Supply Network Limited Announces Director’s Shareholding Change

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Supply Network Limited Announces Director’s Shareholding Change

The latest announcement is out from Supply Network Limited ( (AU:SNL) ).

Supply Network Limited has announced a change in the director’s interest, specifically for Mr. P W McKenzie. The notice details that Mr. McKenzie, through the P & L McKenzie Superannuation Fund, has increased his indirect holding by acquiring 34,405 ordinary shares at $32.00 per share, bringing his total to 3,213,805 shares. This change reflects an adjustment in the company’s internal shareholding structure, potentially impacting investor perceptions and the company’s governance dynamics.

More about Supply Network Limited

Supply Network Limited operates in the automotive parts industry, focusing on the distribution of aftermarket parts and accessories. The company serves a wide range of markets, providing essential components for vehicle maintenance and repair.

YTD Price Performance: 2.51%

Average Trading Volume: 62,511

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.45B

See more insights into SNL stock on TipRanks’ Stock Analysis page.

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