Intel’s Newest Director Buys Big Block of Stock | Barron’s
On the heels of
CEO buying the company’s stock, the chip giant’s newest director also scooped up shares.
Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov. 8 for 48,146 shares, an average price of $27.98 per share, according to filing with the Securities and Exchange Commission. Tan now owns 50,500 Intel shares in a personal account.