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KMD Brands Director Increases Stake with Share Acquisition

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KMD Brands Director Increases Stake with Share Acquisition

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The latest announcement is out from KMD Brands Limited ( (AU:KMD) ).

KMD Brands Limited announced a change in the shareholding of its non-executive director, Abigail Foote. Foote increased her stake in the company by acquiring 75,000 ordinary shares, bringing her total to 305,000 shares. This acquisition, valued at $20,625, was conducted through an on-market purchase. The transaction reflects a significant personal investment in the company by a senior member of its board, potentially indicating confidence in the company’s future performance and stability.

The most recent analyst rating on (AU:KMD) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on KMD Brands Limited stock, see the AU:KMD Stock Forecast page.

More about KMD Brands Limited

KMD Brands Limited operates in the retail industry, primarily focusing on outdoor apparel and equipment. The company is known for its range of products that cater to outdoor enthusiasts and adventurers, with a market focus on providing high-quality, durable goods.

Average Trading Volume: 559,342

Technical Sentiment Signal: Sell

Current Market Cap: A$169.3M

For an in-depth examination of KMD stock, go to TipRanks’ Overview page.

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