Share price fall leads to Aviva executive making investment

<p>Mark Wilson has bought £500,000 worth of Aviva shares.</p>

New Aviva chief executive Mark Wilson has bought £500,000 worth of stocks in the company after its share price fell earlier in the month.

The firm announced its a pre-tax loss of £2.7 billion on the back of the sale of its US insurance business for more than $1 billion (£665 million) and its stocks were down by more than ten per cent.

According to a report by Sharecast, Mr Wilson acquired 150,000 ordinary shares at 321.1113p, meaning he spent a total of £481,667, which is his first investment since joining the company earlier in the year.

This was the biggest director investment in the market on Tuesday, with Robert Cathery purchasing £191,835 worth of shares in Soco International and Stuart Mitchell buying £164,956 of stocks in SIG.

Aviva's share price now stands at 324.20, which is a slight rise on its position in the index at the start of the day's trading.

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