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The latest announcement is out from Renew Holdings plc ( (GB:RNWH) ).
Stephanie Hazell, a Non-Executive Director of Renew Holdings plc, has purchased 2,836 shares at a price of 705p per share, increasing her holding to 10,704 shares, which represents 0.01% of the company’s issued share capital. This move by a member of the board reflects confidence in the company’s stable position in the engineering services sector, particularly in regulated markets with consistent funding. Such investments can positively impact stakeholder perception and indicate a strong outlook for the company’s future operations.
More about Renew Holdings plc
Renew Holdings plc is a leading UK Engineering Services business that plays a crucial role in maintaining and renewing the country’s critical infrastructure. The company operates through independently branded subsidiaries in markets such as Rail, Infrastructure, Energy including Wind and Nuclear, and Environmental sectors. These activities are largely regulated and benefit from non-discretionary spending with long-term funding commitments.
YTD Price Performance: 0.44%
Average Trading Volume: 160,152
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £719.5M
For detailed information about RNWH stock, go to TipRanks’ Stock Analysis page.