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Tower Limited’s Former CEO Sells Significant Shareholding

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Tower Limited’s Former CEO Sells Significant Shareholding

Elevate Your Investing Strategy:

The latest update is out from Tower Limited ( (AU:TWR) ).

Tower Limited has disclosed a significant transaction involving its former CEO, Blair McLaren Turnbull, who sold 290,000 ordinary shares, generating a total consideration of $428,256.78. This transaction, conducted through on-market trades, reflects a change in the ownership structure of the company’s shares, potentially impacting investor sentiment and the company’s market positioning.

More about Tower Limited

Tower Limited operates in the financial services industry, primarily focusing on providing insurance products. The company is listed on the New Zealand Stock Exchange under the ticker TWR.

Average Trading Volume: 27,109

Technical Sentiment Signal: Buy

Current Market Cap: A$463.9M

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

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