>>
Home / Knowledge / News / Fashion / bebe stores decides to renew trading plan

bebe stores decides to renew trading plan

23
Dec '05
Fashionable women's clothing & accessories producer bebe stores Inc announced that its Chairman, Manny Mashouf, has decided to renew his pre-arranged stock trading plan to sell a portion of his company stock over time as part of his individual long-term strategy for asset diversification and liquidity.

The stock-trading plan is adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934 and bebe's policies regarding stock transactions.

Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Using these plans, insiders can gradually diversify their investment portfolios, can spread stock trades out over an extended period of time to reduce any market impact and can avoid concerns about whether they had material, non-public information when they sold their stock.

Under his Rule 10b5-1 Plan, Mashouf may sell up to 2,700,000 shares over a period of approximately ten months. If Mashouf completes all the planned sales of shares under his Rule 10b5-1 Plan, he would beneficially own approximately 65,000,000 shares (approximately 71 percent) of bebe's outstanding stock.

The transactions under the plan will commence no earlier than February 6, 2006 and will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. The Form 4 filings will also be posted on bebe's investor relations website.


Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Grasim Industries Limited
Restoque S.A.
Etam Group Strategy Hong Kong Limited
Rosset ;& Cia Limited
Target Corporation (MN)
Aquarelle Clothing Limited
Lenzing Aktiengesellschaft
Lacoste (Wanchai)
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Babyshop
Midas Clothing Limited
Helly Hansen Far East Ltd
Gokaldas Exports Limited
Phong Phu international JSC (PPJ)
Rayonese Textile Inc., Division de Culp Inc.
The Top Form Brassiere Manufacturing Company Limited
Decathlon
Arvind Limited
Amazon China
T.T. Limited
Tchibo GmbH
Truetzschler India Private Limited
John Varvatos
Seasalt Limited
Maceton Limited
MAS Active / MAS Kreeda / MAS Bodyline
BIANCA
KAS Direct Sourcing
Recron Polyester from Reliance Industries Limited
Sportswear Company Spa
Reiter India Private Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Varner AS Retail
Lisa S.P.A.
Permoda(Koaj/Armi/Pronto/Bkul)
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Chori Company Limited
Green Fibre
G-Star Raw C.V.
THE BOMBAY DYEING ;& MFG.CO. LTD
LC Waikiki
IKEA of Sweden AB
Vardhman Textile Ltd
Guess Europe Sagl,
Eastman Chemical Company
International Textile Manufacturers Federation
IDH – The Sustainable Trade Initiative
Groz-Beckert East Asia LLP
OVS Hong Kong Sourcing Ltd.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Aramark Uniform ;& Career Apparel, LLC
SYNERGIES HONG KONG LIMITED
Splash
Sportmaster Ltd.
Tommy Hilfiger
Puma
Hela Clothing Pvt Ltd
Lululemon Athletica Inc
Alison Hayes Romania
Brandix Lanka Limited
Landmark Group
Page Industries Limited (Bangalore)
Walmart
Desigual - ABASIC, S.A.
J ;& P Coats
Hirdaramani International Export Private Limited
Alix Partners
Gap International Sourcing Limited
Chico’ FAS
Cat Tuong Real Estate Group Joint Stock Company
Huntsman (Singapore) Pte Ltd
Lifestyle
Gatsby Africa
TESCO INTERNATIONAL SOURCING LIMITED
Calvin Klein
Asos
Sateri (Jiujiang) Fiber Co.,Ltd
Abit
Gloria Jeans
The LYCRA Company Singapore  Pte. Ltd
KIABI
Sainsbury's Argos Asia Limited
Boardriders Asia Sourcing Limited
C;&A Sourcing International Ltd
Vianney Textil Hogar S.A. De C.V.
NITI Aayog
Esprit Europe Services GmbH
Bluestem Global Sourcing Limited
BIMBA ;& LOLA SL
Under Armour Global Sourcing Ltd

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search