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Rackspace Founder and Chairman Purchases Company Stock Worth $2.5...
2014-11-21 10:12:31| IT Services - Topix.net
Rackspace , the #1 managed cloud company, today announced that its chairman, Graham Weston, purchased Rackspace stock worth $2.5 million, and filed a 10b5-1 trading plan to purchase up to $2.5 million more over the next year, as part of his individual investment strategy. The initial $2.5 million purchase was made on the open market on November 18, 2014, at an average price of $42.752 per share for 58,480 shares.
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Category:Information Technology