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Wagners Director Reduces Stake with Major Share Disposal

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Wagners Director Reduces Stake with Major Share Disposal

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Wagners Holding Co. Ltd. ( (AU:WGN) ) just unveiled an announcement.

Wagners Holding Co. Ltd. has announced a change in the director’s interest, with John Wagner disposing of 7,000,000 ordinary shares at $2.50 each, reducing his total holdings to 96,248,014 shares. This transaction, conducted through special crossings, may impact the company’s stock market perception and stakeholder confidence, as it reflects a significant shift in the director’s investment strategy.

The most recent analyst rating on (AU:WGN) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

More about Wagners Holding Co. Ltd.

Wagners Holding Co. Ltd. operates in the construction materials industry, providing a range of products and services including concrete, composite fiber technologies, and earth-friendly building materials. The company is focused on sustainable construction solutions and has a significant presence in both domestic and international markets.

YTD Price Performance: 86.13%

Average Trading Volume: 241,619

Technical Sentiment Signal: Buy

Current Market Cap: A$479.9M

For detailed information about WGN stock, go to TipRanks’ Stock Analysis page.

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