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Morgan Sindall CFO Acquires Shares Reflecting Confidence in Company

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Morgan Sindall CFO Acquires Shares Reflecting Confidence in Company

The latest update is out from Morgan Sindall ( (GB:MGNS) ).

Morgan Sindall Group plc announced a transaction involving its Chief Financial Officer, Kelly Gangotra, who acquired 932 ordinary shares at a price of £31.8509 each on the London Stock Exchange. This transaction, disclosed under the EU Market Abuse Regulation, reflects an internal managerial decision and could indicate confidence in the company’s future performance, potentially impacting stakeholder perceptions and market positioning.

More about Morgan Sindall

Morgan Sindall Group plc operates in the construction and regeneration industry, providing a range of services including construction, infrastructure, fit-out, and property services. The company focuses on delivering innovative and sustainable solutions across various sectors in the UK market.

YTD Price Performance: -19.49%

Average Trading Volume: 105,012

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.48B

For a thorough assessment of MGNS stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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