WPP CEO and chair buy 100,000 shares after stock price slump | Advertising
WPP’s two top leaders have each spent more than £140,000 buying 50,000 shares in the agency group in a co-ordinated move.
The decision by Cindy Rose, the new chief executive, and Philip Jansen, the chair, to buy a combined total of 100,000 shares for about £287,000 appears to be designed to lift investor sentiment with regard to the company’s embattled stock.
WPP declined to comment but it is thought the CEO and chair were keen to send a message they are confident about the company’s direction.
WPP’s stock has plunged by about 65% from 830p to around 290p since the start of 2025, after two profit warnings in three months — in July and October — and some major client losses such…
