Insider Buying: Debenhams Plc (DEB) Insider Buys 175,000 Shares of Stock
Debenhams Plc (LON:DEB) insider Ian Cheshire bought 175,000 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The shares were acquired at an average cost of GBX 29 ($0.39) per share, with a total value of £50,750 ($67,856.67).
Debenhams Plc (LON:DEB) traded down GBX 1.33 ($0.02) during trading on Friday, reaching GBX 29.01 ($0.39). 15,538,773 shares of the company’s stock traded hands, compared to its average volume of 4,710,000. The firm has a market cap of $356.07 and a price-to-earnings ratio of 725.25. Debenhams Plc has a 1 year low of GBX 27.10 ($0.36) and a 1 year high of GBX 59.01 ($0.79).
The business also recently disclosed a dividend, which will be paid on Friday, January 19th. Shareholders of record on Thursday, December 7th will be paid a GBX 2.40 ($0.03) dividend. This represents a yield of 5.71%. The ex-dividend date is Thursday, December 7th. This is a positive change from Debenhams’s previous dividend of $1.03.
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Debenhams Company Profile
Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company’s brand trades through approximately 240 stores in 27 countries. The Company’s segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses.
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