Southern Cross Electrical Engineering Limited (AU:SXE) has released an update.
Simon John Buchhorn, director of Southern Cross Electrical Engineering Limited, has increased his indirect holdings in the company by acquiring 7,660 ordinary shares through participation in the Dividend Reinvestment Plan. The transaction occurred on April 10, 2024, with the shares valued at $1.0443 each, raising his total holdings to 807,660 ordinary shares. This financial maneuver demonstrates a director’s growing stake in the company, potentially signaling confidence in its future performance to investors.
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