Glodon Director Signals Intent to Sell Up to 1.4 Million Shares

Stock News09-10

Glodon Company Limited (002410.SZ) has announced that a board member intends to offload a portion of the company's shares. Director Wang Aihua has disclosed a plan to reduce his stake by no more than 1.4 million shares, which equates to roughly 0.08% of the firm's total issued share capital.

The proposed transaction is scheduled to unfold over a three-month window beginning 15 trading days after this public notice. The targeted timeframe runs from October 12, 2026, through January 11, 2027, with the reduction to be executed via centralized auction or block trading mechanisms.

This move represents a modest dilution of the director's holdings relative to the overall share structure of the construction software provider, reflecting a routine portfolio adjustment within the executive ranks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment