Singapore's "Lianhe Zaobao" website recently reported that recently, Inglis Alexandra Ford, the great-granddaughter of Ford founder Henry Ford, seems to be optimistic about the prospects of Ford's business, and has proved her support for her great-grandfather's company with actions, buying Ford stock at an average price of $19.33 per share.
According to information about the U.S. Securities and Exchange Commission published on the Ford Motors website, she bought 38,789 shares of Ford stock on December 20 last year through a voting trust in which she was the beneficiary. The transaction is worth $750,000.
Since the Inglis Ford acquisition, the share price of Ford stock has grown by about 26% in less than a month, which is impressive. This seems that Inglis Ford, a director of the company, bought very well, and seems to indicate that insiders who understand the company's operations are optimistic about its potential development. This is also good news for Ford shareholders.
Source: Reference News Network
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