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WaMu's Killinger Ups Stake in Firm.(Washington Mutual)(Kerry Killinger)(Brief Article)
Seattle -- Washington Mutual chairman and chief executive Kerry Killinger recently purchased 50,000 shares in the company, a transaction that cost him just shy of $2 million.
Mr. Killinger bought the shares in mid-November in the open market at a price of $39.57 per share or $1.98 million. In mid-February, the stock was trading at about the same level.
A company spokesman noted that the CEO bought the shares with his own money. "It is not part of his compensation package," he said.
According to trading records, Mr. Killinger and his ...
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