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An announcement from Marks and Spencer ( (GB:MKS) ) is now available.
Marks and Spencer Group plc announced that certain directors and persons discharging managerial responsibility acquired additional shares in the company through its Dividend Reinvestment Plan (DRIP). This transaction, which took place on January 10, 2025, involved the purchase of ordinary 1p shares at prices ranging from £3.38 to £3.434641, underscoring the management’s ongoing commitment to investing in the company’s future. The acquisition reflects confidence in the company’s strategic direction and potential growth prospects, potentially reassuring stakeholders about the company’s stability and future performance.
More about Marks and Spencer
Marks and Spencer Group plc is a prominent British retailer known for offering a wide range of products, including clothing, home goods, and food items. The company is well-established in the UK market and is recognized for its focus on quality and innovation.
YTD Price Performance: -10.79%
Average Trading Volume: 11,735,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.77B
See more data about MKS stock on TipRanks’ Stock Analysis page.
