Pep Boys (PBY) Chairman/CEO Buys 40K Shares
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In a Form 4 filing with the SEC, Pep Boys (NYSE: PBY) Chairman/Interim CEO, William Leonard, disclosed a purchase of 40,000 shares of the company from 08/17-08/18 at prices from $10.90-$10.94 per share. The purchase brings the CEO's stake to 60,000 shares.
Pep Boys - Manny, Moe & Jack operates as an automotive retail and service chain in the United States and Puerto Rico.
Shares of Pep Boys soared 9.4% to $12.12 on Monday following news of an amended shareholder rights plan.
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