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COG Financial Services Director Alters Shareholding with Major Disposal

Story Highlights
  • COG Financial Services operates in financial solutions, including asset finance and lending.
  • Director Cameron McCullagh sold 20 million shares for $20 million, affecting shareholding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
COG Financial Services Director Alters Shareholding with Major Disposal

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COG Financial Services Limited ( (AU:COG) ) has issued an update.

COG Financial Services Limited has announced a significant change in the director’s interest, with Cameron McCullagh disposing of 20,000,000 ordinary fully paid shares at a value of $1.00 per share, totaling $20,000,000. This transaction, executed through an on-market crossing, reflects a substantial shift in shareholding, which could impact the company’s market perception and shareholder dynamics.

More about COG Financial Services Limited

COG Financial Services Limited operates in the financial services industry, focusing on providing a range of financial solutions. The company is involved in activities such as asset finance broking and aggregation, as well as lending and insurance services, catering to a diverse market that includes small to medium enterprises.

YTD Price Performance: -1.58%

Average Trading Volume: 74,296

Technical Sentiment Signal: Buy

Current Market Cap: A$188.7M

For an in-depth examination of COG stock, go to TipRanks’ Stock Analysis page.

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