Directors shrug off volatility in share-buying window

Thu, 05 Mar 2020

Company directors are looking through volatile share prices and buying shares on-market in their post-earnings window.The end of the local earnings season coincided with the S&P/NZX50 Index shedding 8 percent in the final six days of February as covid-19 became a truly global outbreak.At the bottom of this trough, directors at Vector, Mercury NZ and the chair of Comvita all bought shares on-market as the two-month trading ‘black-out’ lifted, permitting them to trade shares again.Mark Lister, head of private wealth research at Craigs Investm...

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