Mader Group Director Alters Shareholding

Mader Group Ltd ( (AU:MAD) ) has issued an update.

Mader Group Ltd announced a change in the shareholding of its director, Craig Burton, who disposed of 1,000,000 ordinary shares valued at $6,150,000 through an on-market trade. This transaction reduces Burton’s indirect holding in the company to 37,018,000 shares, potentially impacting the company’s shareholder dynamics and market perception.

More about Mader Group Ltd

Mader Group Ltd operates in the industrial services sector, providing maintenance and support services for heavy equipment and machinery. The company focuses on offering specialized services to industries such as mining, energy, and infrastructure, aiming to enhance operational efficiency and equipment reliability for its clients.

YTD Price Performance: 3.32%

Average Trading Volume: 127,666

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.26B

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