(Morning News) The great -grandson of Henry Ford, the founder of Ford Motor, is also the company's executive chairman of Bill Ford.(March 24) A large number of own stocks in the market have allowed Ford's stock price to have declined by more than 23 % of the stock price so far.
Bill Ford purchased 267,697 Ford shares for $ 4.5 million, with an average of $ 16.81 per share.According to the Securities and Exchange Commission (Securities and Exchange Commission), he reported this transaction by voting.The trust now has a total of 4.2 million Ford Ford.
In addition, Bill Ford also holds 11.4 million shares of Ford through other trusts, his children and annuity trusts.
Bill Ford's last time I entered the market in December last year to increase its holdings of Ford's shares.At that time, he purchased 410,2500 shares at a price of $ 8.5 million, and the average price per share was $ 20.62.At that time, the transaction was also performed through trust.
About the same time, Bill Ford's daughter Inglish Alexandra Ford also bought 38789 at an average price of $ 19.33 per share at the average price of $ 19.33 per share.Stock Ford Stock.The total value of this transaction reached $ 750,000.
Ford shares closed at $ 16.67 overnight, with 0.20 or 1.21 %.
