(Finance) – Il CEO Massimiliano Belingheri has purchased 64,102 shares Of BFF Bank, a company active in specialized finance and listed on Euronext Milan, in today’s session. The purchases were made at 7.775 euros per share, according to what emerges from internal dealing, for a value of over 498 thousand euros.
Today the stock closed with a decline of 26.28% at 8.08 euros per share, after yesterday the Bank of Italy ordered the temporary suspension of the distribution of profits. Today the Board of Directors confirmed its full trust in the CEO and started a “frank and constructive” dialogue with the Supervisory Authority, in order to arrive at a prompt resolution of the findings. BFF’s current dividend policy will be resumed after the Bank of Italy lifts the temporary suspension of dividend payments.