What Does He Know, That You Don't? - Chairman Buys $500,000 Worth Of GM Stock

Agent009 submitted on 8/9/2012 Auto Spies Photos Timestamp: 1:32:03 PM

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General Motors Co. chairman and CEO Dan Akerson purchased 25,000 shares of company stock for $508,750, the company said Thursday.

GM spokesman Jim Cain said the purchase of the shares Wednesday at $20.35 on the open market was a personal investment.

Akerson now owns 272,838 shares of GM stock. Akerson has incurred significant paper losses on GM stock. - or about $1.8 million over the 52-week-high.

 


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What Does He Know, That You Don't? - Chairman Buys $500,000 Worth Of GM Stock

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