Reece Limited (AU:REH) has released an update.
Reece Limited has announced that their director, Sasha Nikolic, has increased his stake in the company by purchasing 350 additional ordinary shares on-market, participating in the North American Employee Share Purchase Plan. The shares were acquired at a discounted price of $23.24 AUD each, raising Nikolic’s total holdings to 26,665 ordinary shares. This move demonstrates a bolstering of director commitment to the company through increased personal investment.
For further insights into AU:REH stock, check out TipRanks’ Stock Analysis page.