tiprankstipranks
Company Announcements

Coral Products Chairman Increases Stake with New Share Purchase

Story Highlights
Coral Products Chairman Increases Stake with New Share Purchase

Discover the Best Stocks and Maximize Your Portfolio:

An update from Coral Products ( (GB:CRU) ) is now available.

Coral Products plc announced that its Non-Executive Chairman, Joe Grimmond, has purchased 15,000 ordinary shares in the company, increasing his stake to 7.42% of the company’s issued share capital. This transaction highlights the chairman’s confidence in the company’s prospects, which may positively influence stakeholder sentiment and affirm the company’s position in the market.

More about Coral Products

Coral Products Plc is a group of specialist businesses involved in the design, UK manufacturing, and omni-channel supply of a wide range of bespoke plastic products, based in Wythenshawe, Manchester.

YTD Price Performance: -12.00%

Average Trading Volume: 112,634

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £4.9M

See more insights into CRU stock on TipRanks’ Stock Analysis page.

Related Articles
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
1