2023-03-30 07:22:03 ET
- Kohl's ( NYSE: KSS ) shares gained premarket on Thursday after the department store company disclosed a $2.02M stock purchase by its CEO Thomas Kingsbury.
- Kingsbury purchased 92500 shares of the company's common stock in multiple transactions at prices ranging from $21.73 to $21.92, inclusive, as per an SEC filing . The amount of securities beneficially owned following the reported transactions were 228,993.
- KSS shares rose as much as 6% premarket on the news
- Learn why KSS is at high risk of cutting its dividend
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Kohl's stock jumps after CEO buys $2.02M in company shares