Ulf Liljedahl, chairman of the board at Bulten, has purchased approximately 14,300 shares in the Swedish engineering group for a total value of around SEK 750,000.

The transaction was disclosed in the Swedish Financial Supervisory Authority's insider register, confirming the chairman's continued stake in the company.

The purchase represents a direct vote of confidence from the company's top governance figure.

Insider buying by board members is often interpreted by market participants as a signal that the stock is undervalued or that the board anticipates positive developments in the near term.

For Bulten, this move adds a layer of credibility to the company's current market positioning.

The acquisition comes at a time when insider selling has been prominent globally.