Chairman Breeden Raises Stake in H&R Block (HRB) By Over 2.4M Shares

March 20, 2008 1:17 PM EDT

H&R Block (NYSE: HRB) Chairman, Richard Breeden of Breeden Capital, bought 2,435,000 shares from 03/18-3/20 at prices from $18.84-$20.76, bringing his stake to 8,435,000 shares.

Richard Breeden an activist investor, has successfully pushed for changes at the embattled tax preparer after taking over as Chairman.

Earlier this week, H&R Block announced the sale of its Option One Mortgage unit to WL Ross.


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