DFS Furniture PLC, the UK-based furniture retailer specialising in sofas and home furnishings, has announced that its CEO, Tim Stacey, transferred 16,471 shares to his former spouse as part of a divorce settlement. The off-market transaction was executed in accordance with a Court Order and UK Market Abuse Regulations.
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The move does not impact DFS Furniture's operations, which continue to benefit from strong cash flow and efficient cost management. Analysts currently maintain a Buy rating on DFS stock, with a £200 price target, citing the company's solid financial performance and market position.
Source: www.tipranks.com
