News Formal

Stephen Garvey splashes the cash on his own company

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

Cantillon News

Glenveagh-Living

Glenveagh boss’s recent 550,000 shares were purchased over the last two years for about €630,000. They are now worth nearly €800,000

Stephen Garvey has been splashing his cash on shares in his house construction company Glenveagh lately, stock market filings show.

Overall, Garvey holds more than 10 million shares in the company , worth close to €15 million at the company’s current share price, which has risen from about 95 cent a share in October to the current price – a jump of nearly €5 million in value. That’s on top of Garvey’s annual salary of €600,000 salary, topped up with benefits of €24,595, and pension contributions of €30,000, for a total package worth €654,595 . His total remuneration in 2023, including bonuses, was worth €1.5 million, the company’s annual report states.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sinn Féin focuses on ‘just a certain proportion’ of housing market’, says Glenveagh chiefHousing company sees order book hit €1.4bn says it remains on track to complete 2,700 units this year
Source: IrishTimes - 🏆 3. / 98 Read more »

Glenveagh standout performer on Irish market in volatile day for European stocksUS employment numbers due on Friday
Source: IrishTimes - 🏆 3. / 98 Read more »