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Currys CEO Exercises Share Options Under Deferred Bonus Plan

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Currys CEO Exercises Share Options Under Deferred Bonus Plan

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Currys plc ( (GB:CURY) ) has provided an update.

Currys plc announced a transaction involving its Group Chief Executive, Alex Baldock, who exercised options over 288,617 ordinary shares under the 2022/23 Deferred Share Bonus Plan. To cover tax liabilities, Baldock sold 136,128 shares, retaining 152,489 shares. This transaction, conducted on the London Stock Exchange, reflects executive participation in the company’s equity incentive plans, potentially impacting shareholder perceptions and executive alignment with company performance.

The most recent analyst rating on (GB:CURY) stock is a Hold with a £140.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Spark’s Take on GB:CURY Stock

According to Spark, TipRanks’ AI Analyst, GB:CURY is a Neutral.

Currys plc demonstrates strong financial performance and strategic growth, supported by positive corporate events. However, technical indicators suggest caution due to bearish momentum. The valuation is reasonable, but the lack of a dividend yield may deter income investors.

To see Spark’s full report on GB:CURY stock, click here.

More about Currys plc

Currys plc operates in the retail industry, primarily focusing on electronics and home appliances. The company offers a wide range of products including computers, televisions, and household appliances, catering to a diverse consumer market.

Average Trading Volume: 3,879,598

Technical Sentiment Signal: Buy

Current Market Cap: £1.23B

For an in-depth examination of CURY stock, go to TipRanks’ Overview page.

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