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Freightways Director Increases Stake with Share Acquisition

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Freightways Director Increases Stake with Share Acquisition

Freightways ( (FTWYF) ) has issued an update.

Freightways Group Limited disclosed a transaction involving its non-executive director, Grant Devonport, who increased his beneficial interest in the company by acquiring 4,000 fully paid ordinary shares. This acquisition, valued at $42,728.80, reflects a strategic move by a senior figure within the company, potentially signaling confidence in Freightways’ market position and future prospects.

More about Freightways

Freightways Group Limited operates in the logistics and courier industry, providing a range of services including express package delivery, business mail, and information management. The company focuses on serving the New Zealand market, offering comprehensive logistics solutions to businesses and individuals.

YTD Price Performance: 3.51%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.11B

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

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