Marks and Spencer Directors Acquire Additional Shares

Story Highlights
  • Marks and Spencer directors acquired more shares via the Share Incentive Plan.
  • The acquisition shows confidence in the company’s performance and meets regulatory standards.
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Marks and Spencer Directors Acquire Additional Shares

Marks and Spencer ( (GB:MKS) ) has issued an update.

Marks and Spencer Group PLC announced that directors and persons discharging managerial responsibilities have acquired additional shares in the company through its all-employee Share Incentive Plan. This acquisition, involving Operations Director S Berendji and Managing Director of Food A Freudmann, reflects continued confidence in the company’s performance and aligns with regulatory requirements under the UK Market Abuse Regulation.

More about Marks and Spencer

Marks and Spencer Group PLC is a major British multinational retailer known for selling high-quality clothing, home products, and food. The company operates in the retail industry and is primarily focused on the UK market, although it has a presence in other countries.

YTD Price Performance: -5.27%

Average Trading Volume: 8,723,048

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.18B

For a thorough assessment of MKS stock, go to TipRanks’ Stock Analysis page.

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