IN BRIEF: Dr Martens CEO buys £85,000 in shares after profit rise

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Dr Martens PLC - Northamptonshire, England-based boot maker - Chief Executive Officer Ije Nwokorie buys 112,500 shares at £0.76, worth £85,613, on Friday last week. Nwokorie took over as CEO back in 2024, stepping up from chief brand officer.

Dr Martens last month reported a strong rise in pretax profit in the financial year that ended March 29, jumping to £32.7 million from £8.8 million a year earlier. Revenue declined by 2.9% to £764.9 million from £787.6 million, but cost of sales was down 6.2% and selling and administrative expenses were reduced by 5.4%.

Current share price: 73.10 pence

12-month change: down 1.0%

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