Spirent Communications (GB:SPT) has released an update.
Spirent Communications PLC announced that CEO Eric Updyke has expanded his investment in the company by purchasing 4,262 shares at a discounted price through the Spirent US Employee Stock Purchase Plan. This strategic acquisition was made at a 15% discount to the market price, reflecting the company’s commitment to encouraging employee stock ownership. Following the transaction, Updyke’s total holdings have increased to 1,000,779 shares.
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