Terex (TEX) Director Buys 50K

June 4, 2009 3:23 PM EDT

Terex Corp. (NYSE: TEX) Director David Sachs bought 50,000 shares on 6/3 at $13, bringing his stake to 330,030 shares. The shares were likely bought in the recent 11 million share common stock sale, which was part of a bigger $600 million in new financing.

Terex Corporation designs, manufactures, and markets capital equipment for construction, infrastructure, quarrying, surface mining, shipping, transportation, power, and energy industries worldwide.


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