H&M chairman thinks fast-fashion retailer is a good investment
May 24, 2017
Stefan Persson, chairman of Hennes & Mauritz AG, has taken advantage of lower prices on his company’s stock to buy an additional 20.6 million shares this year. Mr. Persson’s shares and those held by his children through Ramsbury Invest AB now account for 39.7 percent of H&M’s total. Shares of H&M have been down 10 percent this year.
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