Toro Energy (AU:TOE) has released an update.
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Toro Energy’s director, Michel Marier, has increased his stake in the company by acquiring 23,631 fully paid ordinary shares in an on-market transaction valued at $5,435. This move raises his total holding to 1,223,631 ordinary shares, reflecting a strategic investment in the company’s future. Investors keen on director dealings may find this development noteworthy as it highlights confidence in Toro Energy’s prospects.
For further insights into AU:TOE stock, check out TipRanks’ Stock Analysis page.