Business
The Ampol (ASX:ALD) share price is up 6% as its chair gets on board
The Ampol Ltd (ASX: ALD) share price is soaring today after its chair more than doubled his personal investment in the company. The transport fuel company’s shares are up 6.02%, trading at $24.30 near the market close today.
Let’s look further into the share purchase which has sent the Ampol share price flying.
The chairman’s investment
In today’s announcement, Ampol advised its chair Steven Gregg purchased another 10,000 shares in the company after the market closed on Friday. The purchase has boosted his holding of Ampol shares to 16,000.
Mr Gregg must have believed the company’s share price on Friday was a good deal. He paid around $23.61 per share, investing more than $236,000 in total.
The on-market trade was…
-
General23 hours agoMitchell Starc fires Ashes warning in Sheffield Shield return as Jake Weatherald and Beau Webster fail to fire
-
General23 hours agoNampijinpa Price pulls out of Put Australia First rally appearance with far-right activist Tommy Robinson
-
General22 hours agoGlobal humanitarian Alison Thompson awarded 2026 Australian of the Year for NSW
-
General24 hours agoSocial media ban lacks teeth, former executive warns