{"id":27873,"date":"2017-04-29T10:29:58","date_gmt":"2017-04-29T10:29:58","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=27873"},"modified":"2017-04-29T10:29:58","modified_gmt":"2017-04-29T10:29:58","slug":"twitter-ceo-dorsey-snaps-up-shares-worth-about-9-5-million","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/twitter-ceo-dorsey-snaps-up-shares-worth-about-9-5-million.html","title":{"rendered":"Twitter CEO Dorsey snaps up shares worth about $9.5 million"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<strong><span style=\"font-size:22px;\"><span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"color:#000000;\">Twitter CEO Dorsey snaps up shares worth about $9.5 million<\/span><\/span><\/span><\/strong><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Twitter Inc Chief Executive Jack Dorsey snapped up more than half a million of the company&#39;s shares for about $9.5 million, a regulatory filing on Friday showed.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Dorsey bought 574,002 Twitter shares in multiple transactions at prices ranging between $16.47 and $16.74 per share, according to the filing. bit.ly\/2oUhQFO<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">That adds to the roughly $7 million worth of Twitter stock Dorsey bought earlier this year, bringing the total number of shares he has purchased this year to 1 million, the CEO said in a tweet.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">According to the filing, Dorsey now owns about 16 million Twitter shares, which equates to a stake of about 2.2 percent in the company he co-founded.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Dorsey&#39;s disclosure comes a day after Twitter reported better-than-expected user growth for its first quarter, following several quarters of stalled growth.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Twitter&#39;s shares rose 1 percent to $16.65 after the bell on Friday.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">The stock closed up nearly 5 percent in regular trading on Friday, adding to a gain of roughly 8 percent on Thursday when the company reported its results.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:8px;\"><span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"color:#000000;\">source:-http:\/\/www.reuters.com\/article\/us-twitter-stake-dorsey-idUSKBN17U2Z7<\/span><\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/twitter-ceo-dorsey-snaps-up-shares-worth-about-9-5-million.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Twitter CEO Dorsey snaps up shares worth about $9.5 million Twitter Inc Chief Executive Jack Dorsey snapped up more than half a million of the company&#39;s shares for about $9.5 million, a regulatory filing on Friday showed. Dorsey bought 574,002 Twitter shares in multiple transactions at prices ranging between $16.47 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[14827,14826,14505,17406],"class_list":["post-27873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-latest-technologies","tag-latest-technology-news-today","tag-technology-news-headlines","tag-twitter-ceo-dorsey-snaps-up-shares-worth-about-9-5-million"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/27873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=27873"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/27873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=27873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=27873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=27873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}