International Greetings boss buys, shares soar

Shares in International Greetings soared after the firm announced this afternoon that chairman Keith James bought a big chunk of shares in the greetings card group

He bought 40,000 shares at 55p a time, bringing his stake in the company to 50,562 shares.

News of the purchase was given an unusually warm greeting. Following the announcement, the shares immediately jumped 21% to 73p, having sat at 65p earlier in the day.

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James bought the shares on September 25.

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