Andrew Bonfield, who was appointed to the board of Kingfisher in February, has opened his account with the home improvement retail group.
The non-executive director bought 10,000 shares at 245.15p a time in the B&Q owner, paying a total of £24,515.
Bonfield was the chief financial officer of Cadbury, the British chocolate manufacture that was recently taken over by the US food giant Kraft. He has performed the same role at the pharmaceuticals companies Bristol-Myers Squibb and SmithKline Beecham.
Start your trial of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Start your trial
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Kingfisher, which also owns the Castorama and Brico brands in France, raised its dividend for the first time in five years in March after profits bounced back in 2009.
Latest Videos FromMoneyWeek
Debt also tumbled and the group has now expanded its capital investment plans.
Total sales from on continuing businesses grew 4.8% to £10.5bn on a reported rate basis, and 1.1% on a constant currency basis. On a like-for-like basis, group sales were down 1.5%.
'Looking ahead, we remain cautious on the outlook for consumer demand across Europe,' chief executive Ian Cheshire said.
'However, we are confident that our experienced management team, successful international strategy and buying scale mean we will be able to drive continued growth through our own actions.'
Top Director Buys
CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 49,570 @ 490.00p Value: £242,893
Global Petroleum (GBP) Director name: Mr Mark SavageAmount purchased: 600,000 @ 7.80p Value: £46,800
Aggreko (AGK) Director name: Mr Bill CaplanAmount purchased: 5,700 @ 1,170.00p Value: £66,690
ProStrakan (PSK) Director name: Dr Wilson TottenAmount purchased: 44,736 @ 86.00p Value: £38,473
Natasa Mining Ltd (NSN) Director name: Mr Chrisilios KyriakouAmount purchased: 30,000 @ 95.00p Value: £28,500
Kingfisher (KGF) Director name: Mr Andrew R J BonfieldAmount purchased: 10,000 @ 245.15p Value: £24,515
Top Director Sells
Irish Continental Group Units (ICGC) Director name: Mr Anthony (Tony) KellyAmount sold: 37,500 @ € 16.94 Value: € 635,408
Irish Continental Group Units (ICGC) Director name: Mr Gearoid O'DeaAmount sold: 27,500 @ € 16.94 Value: € 465,966
Charter International (CHTR) Director name: Mr Michael G FosterAmount sold: 13,836 @ 752.25p Value: £104,081
Charter International (CHTR) Director name: Mr Robert CarelessAmount sold: 8,648 @ 752.25p Value: £65,055
Charter International (CHTR) Director name: Mr James DeeleyAmount sold: 6,918 @ 752.25p Value: £52,041
