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The latest update is out from Ondo InsurTech Plc ( (GB:ONDO) ).
Ondo InsurTech Plc announced the purchase of 12,838 ordinary shares to benefit participants in its Share Incentive Plan, including key directors Craig Foster and Kevin Withington. This initiative aligns with Ondo’s commitment to incentivize employees through share acquisition at market prices and reward them with additional shares, strengthening their stake in the company’s success. The move reflects Ondo’s strategy to enhance employee engagement and align their interests with the company’s growth, potentially impacting its market positioning positively.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a leading provider in the claims prevention technology industry, specifically targeting home insurers. The company is known for its innovative LeakBot solution, which aims to reduce water damage claims, a significant issue in the home insurance sector. LeakBot offers a patented self-install system that alerts customers to leaks via a mobile app and provides access to repair engineers. Ondo collaborates with 21 insurance carriers across Europe and the USA and holds the London Stock Exchange Green Economy Mark for its contributions to green activities.
YTD Price Performance: 64.29%
Average Trading Volume: 950,305
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £44.53M
See more data about ONDO stock on TipRanks’ Stock Analysis page.
