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Jumbo Interactive Director Increases Stake with Share Acquisition

Story Highlights

An announcement from Jumbo Interactive Limited ( (AU:JIN) ) is now available.

Jumbo Interactive Limited announced a change in the director’s interest, with Mike Veverka acquiring 8,000 fully paid ordinary shares through an on-market purchase. This acquisition, valued at $93,301.53, increases the total shares held by Vesteon Pty Ltd to 6,998,711, reflecting a strategic move to strengthen Veverka’s stake in the company, potentially impacting stakeholder confidence and market perception.

More about Jumbo Interactive Limited

Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and software solutions. The company focuses on offering a platform for purchasing lottery tickets and managing lottery operations, catering to both consumers and businesses in the gaming sector.

YTD Price Performance: -10.37%

Average Trading Volume: 368

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €457.5M

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

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