Syed Manzur Elahi, a sponsor director of Apex Footwear Ltd, has purchased 50,000 shares of the leading footwear maker, the company said today.

Elahi expressed his intention to buy the shares on January 22 this year through the Dhaka Stock Exchange (DSE) at the prevailing market price.

After the purchase, Elahi, also the chairperson of the company, now holds a 7.34 percent stake in Apex Footwear, up from 7 percent earlier, according to Apex Footwear's annual report for the 2023-24 financial year.

The company's earnings per share rose 29.83 percent year-on-year to Tk 3.83 in the July-December quarter of 2024, according to its unaudited financial statements.

However, its net operating cash flow per share fell 14 percent year-on-year to Tk 71.34 in the same quarter.

Apex Footwear's share fell 0.97 percent to Tk 204.9 today from the last trading session at the DSE.