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Volex Director Increases Stake with Share Purchase
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Volex Director Increases Stake with Share Purchase

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An announcement from Volex plc ( (GB:VLX) ) is now available.

Volex plc announced that John Wilson, a Non-Executive Director, has purchased 10,000 ordinary shares at 272 pence each, making his total holding 0.01% of the company’s issued share capital. This transaction reflects a minor but positive signal of confidence from leadership, potentially influencing stakeholder perceptions and market sentiment.

More about Volex plc

Volex plc is a prominent company in integrated manufacturing for mission-critical applications, specializing in power and data connectivity solutions. With operations spanning across 28 advanced manufacturing facilities worldwide, Volex supports sectors such as Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology, and Off-Highway. The company caters to international blue-chip customers and is headquartered in the UK.

YTD Price Performance: -4.43%

Average Trading Volume: 442,336

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £479.8M

See more data about VLX stock on TipRanks’ Stock Analysis page.

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