Wolseley boss buys more shares
A round-up of the biggest director deals today so far.
Wolseley chief executive Claude 'Chip' Hornsby has topped up his holding in the plumbing firm, spending a total of £50,400 in shares.
Hornsby bought 25,000 shares at a price of 201.60p each. He now holds 114,323 shares in the group.
Earlier this month, Wolseley announced a major restructuring plan and a complex £1bn cash-call that it hopes will strengthen its balance sheet and reduce debt.
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The group also scrapped dividends as half-year profits slumped 61% and warned of further job cuts.
Top Director Buys
Value: £50,400
Value: € 33,600
Top Director Sells
Value: £833,033
Value: £660,841
Value: £149,967
Value: £138,579
Value: £83,110
Value: £65,955
Value: £64,564
Value: £27,260
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