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One Man May Be Propping Up Shares in H&M | Tony Seruga
May
02

One Man May Be Propping Up Shares in H&M

By

Hennes & Mauritz AB Chairman Stefan Persson may be single-handedly propping up shares in the Swedish fashion retailer.

In April alone, the billionaire acquired about 18.2 million shares in Stockholm-based H&M for 2.46 billion kronor ($278 million), bringing the value of purchases since the beginning of last year to 13.4 billion kronor…
One Man May Be Propping Up Shares in H&M
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