There has been a flurry of stock buying for one insider over at Coty. A privately held group and regular investor in premium consumer goods companies, Cosmetics B.V. Jab – a major stakeholder in Coty – splashed out on 590,100 shares of the business’s stock at an average price of $28.86 per share yesterday.
Cosmetics B.V. Jab splashes out on $17m of Coty stock
Stake in the company now totals $157m
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