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Fortescue Metals Director Increases Shareholding

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Fortescue Metals Director Increases Shareholding

Fortescue Metals Group Ltd ( (AU:FMG) ) has issued an announcement.

Fortescue Metals Group Ltd has announced a change in the director’s interest notice, specifically regarding Dr. Larry Marshall. Dr. Marshall has acquired an additional 5,550 ordinary shares through an on-market trade, increasing his total holdings to 15,987 shares. This change reflects the director’s growing investment in the company, which could signal confidence in Fortescue’s future performance and strategic direction.

More about Fortescue Metals Group Ltd

Fortescue Metals Group Ltd is a leading company in the mining industry, primarily focused on the production and export of iron ore. It is one of the largest producers in the world, with a significant market presence in Asia, particularly China.

YTD Price Performance: -3.49%

Average Trading Volume: 5,132

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $32.72B

Learn more about FMG stock on TipRanks’ Stock Analysis page.

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