16th May 2019 14:40
LONDON (Alliance News) - Vodafone Group PLC said Thursday Chief Human Resources Officer Leanne Wood purchased GBP149,240 of shares in the telecommunications company.
Wood, who sits on the company's executive committee, acquired 118,314 shares on Wednesday at GBP1.26139 each.
Shares in Vodafone were down 0.6% Thursday afternoon at 125.24 pence.
Wood was appointed chief human resources officer at the start of April. Previously, she was chief of People, strategy & corporate affairs officer at luxury fashion retailer Burberry PLC. Prior to that, Wood was at fellow FTSE 100-listed constituent Diageo PLC for 15 years.
Earlier this week, Vodafone reported a swing to an annual loss and slashed its dividend.
Vodafone's loss from continuing operations for the 12 months to March 31 was EUR4.11 billion, after a EUR4.76 billion profit the year before.
During the year, Vodafone booked a loss on the sale of Vodafone India, as well as EUR3.50 billion in impairments as announced back in November.
Vodafone has rebased its dividend, returning a final dividend of 4.16 euro cents, taking the year's total to 9.00 cents, down 40%. In its prior year, Vodafone paid 15.07 cents, and consensus had been for a cut to 15 cents.
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