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PEXA Group Announces Director’s Share Acquisition

Story Highlights
  • PEXA Group Limited operates in digital property settlement, enhancing transaction efficiency.
  • Director Russell Cohen acquired 110,687 shares, aligning leadership with company strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

PEXA Group Limited ( (AU:PXA) ) has shared an announcement.

PEXA Group Limited announced a change in the director’s interest as Russell Cohen acquired 110,687 ordinary shares at zero consideration under an employment agreement. This acquisition reflects the company’s strategic alignment with its leadership, potentially impacting its market positioning and stakeholder interests as Cohen will also be eligible for performance rights under the FY25-FY27 LTIP.

More about PEXA Group Limited

PEXA Group Limited operates in the digital property settlement industry, providing electronic conveyancing services that streamline the property exchange process. The company focuses on enhancing the efficiency and security of property transactions in the Australian market.

YTD Price Performance: -13.78%

Average Trading Volume: 356,679

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.93B

For an in-depth examination of PXA stock, go to TipRanks’ Stock Analysis page.

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