Irish bank directors slow to buy

Few directors of top Irish companies have been buying shares in their companies in the past 52 weeks, despite the Iseq index of Irish shares reaching new highs.

18th March, 2006

Few directors of top Irish companies have been buying shares in their companies in the past 52 weeks, despite the Iseq index of Irish shares reaching new highs.

Directors could be signalling that they believe that the shares in their own companies are already fairly valued.

Directors of Irish banks have been among the most reluctant to buy their own shares despite Irish bank stocks having continued to climb in recent months.

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