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Tasmea Ltd. Director Increases Stake Through Dividend Reinvestment

Story Highlights
  • Tasmea Ltd. announced a change in director’s interest involving Jason Frank Pryde.
  • Mr. Pryde increased his shares through a Dividend Reinvestment Plan, signaling confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Tasmea Ltd. ( (AU:TEA) ) is now available.

Tasmea Ltd. has announced a change in the director’s interest notice, specifically involving Jason Frank Pryde. The notice details the acquisition of additional ordinary shares by Mr. Pryde through a Dividend Reinvestment Plan, increasing his direct and indirect holdings in the company. This change reflects a strategic move by Mr. Pryde to consolidate his stake in Tasmea Ltd., potentially signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:TEA) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.

More about Tasmea Ltd.

Average Trading Volume: 248,566

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$646.6M

Find detailed analytics on TEA stock on TipRanks’ Stock Analysis page.

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