Synthomer Chair Increases Stake with Share Purchase

Story Highlights
Synthomer Chair Increases Stake with Share Purchase

An announcement from Synthomer ( (GB:SYNT) ) is now available.

Synthomer PLC announced that its Chair, Peter Hill, has purchased 50,000 ordinary shares of the company at a price of £1.16 per share, totaling £58,000. This transaction, conducted on the London Stock Exchange, signifies confidence in the company’s future prospects and may positively influence stakeholder perceptions.

More about Synthomer

Synthomer PLC operates in the chemical industry, specializing in the production of polymers and related products. The company focuses on providing innovative solutions for various sectors, including construction, textiles, and healthcare.

YTD Price Performance: -25.84%

Average Trading Volume: 513,838

Technical Sentiment Signal: Strong Buy

Current Market Cap: £195.3M

Learn more about SYNT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App