Australia's SKS Technologies loses most in near 17 months after executives sell shares
07/10/2026 01:50
BUZZ-Australia's SKS Technologies loses most in near 17 months after executives sell shares ** Shares of SKS Technologies SKS.AX fall as much as 14% to A$9.61, their biggest intraday pct drop since early May 2025
** Stock hits its lowest level since September 29
** The electrical technologies firm says Executive Chairman Peter Jinks, Executive Director Greg Jinks, and an associated entity of Matthew Jinks sold 10 million SKS shares
** Share sale was in response to a high level of inbound interest from investors, according to SKS
** Stock up 144.7%, YTD, including session moves
(Reporting by Rudrannsh Mehra in Bengaluru)
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