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Supply Network Limited Announces Director’s Share Acquisition

Story Highlights
  • Supply Network Limited focuses on distribution services in the automotive and industrial sectors.
  • Director R D Fraser acquired 2,323 shares, slightly increasing his holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supply Network Limited Announces Director’s Share Acquisition

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Supply Network Limited ( (AU:SNL) ) has shared an update.

Supply Network Limited has announced a change in the director’s interest, specifically for Mr. R D Fraser, reflecting an acquisition of 2,323 ordinary shares. This change indicates a slight increase in Mr. Fraser’s holdings, which may impact the company’s governance dynamics and influence shareholder perceptions. The update is part of the company’s regulatory compliance with ASX listing rules.

The most recent analyst rating on (AU:SNL) stock is a Buy with a A$41.50 price target. To see the full list of analyst forecasts on Supply Network Limited stock, see the AU:SNL Stock Forecast page.

More about Supply Network Limited

Supply Network Limited operates in the supply chain industry, focusing on providing comprehensive distribution services. The company is involved in the management and distribution of automotive and industrial products, catering to a diverse market segment.

Average Trading Volume: 94,981

Technical Sentiment Signal: Buy

Current Market Cap: A$1.48B

Find detailed analytics on SNL stock on TipRanks’ Stock Analysis page.

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