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Two Sabadell advisers reinvested TSB dividend

Only a minority of the members of Sabadell's top team reinvested part of the super-dividend of 50 cents paid in May in shares of the bank. These include Lluís Deulofeu, president of the Cellnex Foundation, who bought 35,411 shares in June. And David Vegara, who in addition to being a councilor is the entity's top official for Regulation and Risk Control, who acquired 22,164 shares, according to…

Translated from Spanish Read in Spanish

Only two members of Sabadell's top team reinvested part of the 50 cent superdividend paid in May, namely Lluís Deulofeu, who bought 35,411 shares, and David Vegara, who acquired 22,164 shares. In contrast, other senior executives sold shares over the summer, including Sergi Palavecino, who sold 180,000 shares for €645,800, and Marc Prat, who sold 150,000 shares for €543,000.

Sabadell president Oliu has 8.11 million shares, while new CEO Marc Armengol has 363,326 shares worth €1.24 million. The bank's shares are trading at €3.44, up 19% since January.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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