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Tate & Lyle CFO Increases Shareholding, Signaling Confidence

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Tate & Lyle CFO Increases Shareholding, Signaling Confidence

Tate & Lyle ( (GB:TATE) ) has shared an announcement.

Tate & Lyle PLC announced a transaction involving Sarah Kuijlaars, the Chief Financial Officer, who acquired 20,000 ordinary shares at £5.645 each, totaling £112,900. This transaction, conducted on the London Stock Exchange, increases Kuijlaars’ total holdings to 40,000 shares, reflecting confidence in the company’s future prospects and potentially influencing stakeholder perceptions of its market stability.

More about Tate & Lyle

Tate & Lyle PLC is a global provider in the food and beverage industry, specializing in the production of ingredients and solutions that enhance the taste, texture, and nutritional value of products. The company focuses on supplying sweeteners, texturants, and other food ingredients to various markets worldwide.

YTD Price Performance: -16.47%

Average Trading Volume: 1,164,888

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.39B

See more insights into TATE stock on TipRanks’ Stock Analysis page.

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