BUZZ-Domino's Australian franchise operator rises as Chair Cowin buys into firm

Reuters
Sep 04
BUZZ-Domino's Australian franchise operator rises as Chair Cowin buys into firm

** Shares in Domino's Pizza Enterprises DMP.AX, the largest master franchise of U.S.-based Domino's Pizza DPZ.O, climb as much as 4.6% to A$14.77, their strongest intraday gain since early-July

** A change in director's interest notice filed with the ASX shows Executive Chairman John James Cowin bought 335,000 shares in co

** Cowin bought shares at A$15.11 apiece, bringing the total transaction amount to A$5.1 million ($3.31 million)

** Stock has lost 49.9%, YTD

($1 = 1.5389 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

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