Insider Selling: Ab Dynamics PLC (ABDP) Insider Sells 100,000 Shares of Stock
Ab Dynamics PLC (LON:ABDP) insider Anthony (Tony) Best sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of GBX 1,498 ($19.57), for a total value of £1,498,000 ($1,957,402.33).
LON ABDP opened at GBX 1,477.80 ($19.31) on Thursday. Ab Dynamics PLC has a 1-year low of GBX 562 ($7.34) and a 1-year high of GBX 1,100 ($14.37).
The company also recently declared a dividend, which will be paid on Friday, December 14th. Stockholders of record on Thursday, November 22nd will be issued a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 0.15%. This is a boost from Ab Dynamics’s previous dividend of $1.47. The ex-dividend date of this dividend is Thursday, November 22nd.
Ab Dynamics Company Profile
AB Dynamics plc, together its subsidiary, Anthony Best Dynamics Limited, designs and manufactures test equipment for vehicle suspension, steering, noise, and vibration. The company also offers a range of services, which include analysis, design, prototype manufacture, testing, and development. It offers kinematics and compliance test machines, such as moving body suspension parameter measurement machines, and centre of gravity and inertial measurement systems; and driving robot systems, including steering, brake, accelerator, and gearchange and clutch robot systems, as well as vehicle guidance systems and rigid mounting systems for in-vehicle transducers.
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