Goirigolzarri puts nearly €500,000 into Inditex shares after joining board

José Ignacio Goirigolzarri has invested nearly €500,000 in Inditex shares just weeks after joining the board as an independent director, according to CNMV filings Source: ABC, El Confidencial.

Key facts:

• He acquired 9,250 shares at €53.75 each, totaling €497,187.50 Source: ABC.
• The purchase qualifies him for the second dividend payment of €0.875 per share in November, worth about €8,093 Source: El Confidencial.
• Goirigolzarri replaced Rodrigo Echenique, who left after 12 years on the board Source: ABC.

The former BBVA and CaixaBank executive brings decades of financial experience to the retailer. Both outlets note that most Inditex board members are shareholders, including CEO Óscar García Maceiras (stake valued at €6.5M) and non-executive chair Marta Ortega (€2.3M) Source: El Confidencial.