Back

SOM

0.00%
NEUTRAL

Somero Enterprises Announces Director Dealings

Why we think this is neutral

This RNS announcement is a Director Dealings update, which does not fall into the mandatory news types that require detailed analysis. As a result, the sentiment is assessed as neutral.

Key Points

  • Canaccord Genuity Group Inc. has increased its stake in Somero Enterprises to 4.8907%
  • The change in shareholding was due to the merger between Punter Southall Wealth and Canaccord Genuity Wealth Management

Summary

The industrial equipment manufacturer has announced changes to its major shareholders.

Somero Enterprises, Inc., a leading provider of concrete leveling and placing equipment, has announced a change in its major shareholders. According to the RNS, Canaccord Genuity Group Inc. has increased its stake in the company to 4.8907% through its discretionary clients.

DIRECTOR DEALINGS