US: Chair, CEO buy more than US$500,000 in GM stock

General Motors' chairman, Ed Whitacre, and chief executive officer, Daniel Akerson, each bought stock in the company worth more than US$500,000 during GM's initial public offering and the following days. The Associated Press, citing the company's regulatory filings, said Akerson bought 800 shares at the IPO price of US$33 per share Subscribe to Automotive World … Continued

• By Webmaster
• November 25, 2010