Record plc (GB:REC) has released an update.
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In a noteworthy move showcasing confidence in Record plc’s growth, the company’s chairman, David Morrison, via Prospect Investment Management, has acquired 395,500 shares, amounting to a 0.2% stake in the firm. This purchase was executed on the London Stock Exchange and resulted in a slight decrease in major shareholder Neil Record’s holding, now standing at 26.38%.
For further insights into GB:REC stock, check out TipRanks’ Stock Analysis page.