tiprankstipranks
Company Announcements

Senetas Announces Change in Director’s Shareholding

Story Highlights
Senetas Announces Change in Director’s Shareholding

Senetas Corporation Limited ( (AU:SEN) ) just unveiled an announcement.

Senetas Corporation Limited has announced a change in the director’s interest, specifically involving Francis William Galbally. On March 3, 2025, 6,285,714 shares were transferred from Corporate Services Management Pty Ltd , which is indirectly controlled by Galbally. This change in shareholding reflects an adjustment in Galbally’s indirect interests, with the shares valued at A$0.023 each, totaling $144,571.40. The announcement may impact stakeholders by altering the ownership structure within the company, although the overall strategic direction remains unchanged.

More about Senetas Corporation Limited

Senetas Corporation Limited operates in the technology industry, specializing in cybersecurity solutions. The company is known for its high-assurance encryption hardware and software products, which are used to protect data in motion across networks. Senetas focuses on providing security solutions for governments, enterprises, and cloud service providers, ensuring data protection and compliance with regulatory standards.

YTD Price Performance: -23.33%

Average Trading Volume: 976,397

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$38.08M

Learn more about SEN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1