IBM CEO Rometty buys $3 million in company stock

IBM CEO Rometty buys $3 million in company stock

5 years ago
Anonymous $yysEBM5EYi

https://www.cnbc.com/2018/11/05/ibm-ceo-ginni-rometty-buys-3-million-in-company-stock.html

IBM CEO Ginni Rometty bought $3 million worth of the company's stock, according to an SEC disclosure filed Monday and a company statement. The stock purchases come just one week after IBM announced a $34 billion proposed acquisition of open-source software distributor Red Hat.

Roughly $1 million of the shares were bought on the open market — the first time Rometty has bought stock on the open market, according to IBM. The other $2 million worth was purchased through a retirement fund.