Nexus Infrastructure (LON: NEXS) reported its delayed results last week. Following the announcement, chief executive Charles Sweeney bought 8,420 shares at 118.75p each. He has a 0.62% shareholding. He previously bought shares in the market at higher prices.
Peter Gyllenhammar is the largest shareholder with a 29.1% stake.
Business
In 2023-24, disposals generating £60m led to a large cash pile for the company and a focus on the housebuilding sector. Some cash was returned to shareholders, but there is still net cash.
The core Tamdown business provides earthworks, drainage and foundations servi...
