Harris Technology Group Limited (AU:HT8) recently revealed an update regarding director Garrison Huang’s increased stake in the company. Huang purchased 699,854 ordinary shares on the market for a total of $6,996.44. This transaction was reported to the ASX through an Appendix 3Y form.
Following this purchase, Huang now holds a total of 93,759,475 ordinary shares and 4,000,000 options. There were no changes in the director’s interests in contracts, and the transactions did not take place during a closed period.
Huang’s increased stake in Harris Technology Group Limited indicates his confidence in the company’s growth prospects and potential for continued success. As a result of this transaction, Huang has become one of the largest shareholders of AU:HT8 stock.
For more information on AU:HT8 stock and other stocks traded on the Australian Securities Exchange (ASX), visit TipRanks’ Stock Analysis page.
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