2023-05-19 09:08:46 ET
- Bird Global ( NYSE: BRDS ) CEO Shane Torchiana and Chairman and Founder Travis VanderZanden purchased shares totaling over 1.5M.
- "Senior leadership has continued to purchase shares due to the disconnect between share price and our expectation to increase long-term value by generating free cash flow," said Shane Torchiana, CEO, Bird. "Coming off of our best ever Q1 performance in gross margin, free cash flow, and adjusted EBITDA, we are optimistic about our ability to reach profitability as the weather improves from the winter months."
- Previous day: ' Bird Global to effect 25-for-1 reverse stock split '
For further details see:
Bird Global announces share purchase by senior management