|
Board of Directors
Individuals elected by the shareholders
of a corporation who carry out certain tasks established in the shareholders.
Board of directors
The directors are a company's most senior managers and are elected to run the company by shareholders. Directors of public companies generally have to be re-elected by shareholders every 3 years which is usually just a formality, but there are occasional upsets.
Similar MatchesDirectors dealingsDirectors dealings
The purchases and sales made by directors of shares in the publicly quoted companies for which they work. It is perfectly legal for directors to buy or sell shares in their own company provided certain rules are observed. The most important rules are:directors are not allowed to use unpublished price sensitive information which they have got from their job to reach a decision about buying and selling shares (insider dealing)directors are not allowed to buy or sell shares in their company for two months before the announcement of results (the 'closed period')The process of tracking directors dealings has been standard practice for some time. It is becoming more and more accepted as a means for identifying stocks with substantial potential. Put crudely, if the directors are buying, they think the shares are undervalued; if they are selling, they think the shares are overvalued.
|
