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ABF chief's outsized Christmas box

The chief of the diversified retail group finalised the largest deal by an insider in the run up to Christmas
ABF chief's outsized Christmas box
  • Initial fall in share price following sales
  • Retailers still in limbo as we enter 2021

It is generally considered to be a positive sign when insider incentives are in keeping with those of minority shareholders, though expediency in the decision-making process can still creep in. It is worth remembering that directors have a fiduciary obligation to act in the best interests of a company, even if the decisions they make are detrimental to shareholder returns in the short to medium term.

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