31st Mar 2016 11:24
LONDON (Alliance News) - Wm Morrison Supermarkets PLC Thursday said Chief Executive Officer David Potts bought 180,000 shares at 201.62 pence per share on Wednesday.
Potts' total shareholding following this purchase is 1,0 million shares.
Earlier this month the supermarket chain said it swung to a pretax profit in its recently-ended financial year, mainly due to the restructuring costs booked a year earlier, but expressed confidence in its outlook as underlying profit hit its expectations. The grocer rejoined the FTSE 100 in March, having fallen out late in 2015.
The stock was up 0.3% at 201.50p Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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