Legit News
Michael Dell buys $100 million in Dell stock
Michael Dell, CEO of Dell Inc., bought about $100 million of the computer maker's stock last week, his second such buying spree in the past three months. Shares in the world's second-largest maker of personal computers are trading near their 52-week low.
Dell bought nearly 4.9 million shares of the company he founded in two separate transactions last week, according to a regulatory filing from the company Monday. On Thursday, Dell bought 3.5 million shares at $20.42 each, and Friday he bought 1.378 million shares at $20.67 apiece, according to filing with the Securities and Exchange Commission. Dell, who is also chairman of the Round Rock, Texas-based company, had previously bought about $100 million worth of stock back in July.
Posted by | Wed, Sep 10, 2008 - 06:28 AM
Search
Hot Topics
- AMD Releases First ATI Catalyst Application Profile
- NZXT Sentry 2 Performance Touch Screen Fan Controller Review
- Mac computers
- Wanted Molex to Sata Power
- NVIDIA CUDA Toolkit 3.0 released
- too many fans for motherboard
- New GPU Client Coming Next Week
- SpeedTest during NCAA March Madness
- Cant Access Windows Vista after Installing New MoBo and Proc
- March 19 News from Around the Web