SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, September 17th. Investors of record on Thursday, October 29th will be paid a dividend of 0.0516 per share on Friday, October 30th. The ex-dividend date is Thursday, October 29th.
SATA Technology Trading Up 0.0%
Shares of SATA traded up $0.04 during mid-day trading on Friday, hitting $100.01. 812,872 shares of the company’s stock were exchanged, compared to its average volume of 294,238. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.
Insiders Place Their Bets
In other news, Director Pierre Rochard acquired 15,900 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the transaction, the director directly owned 15,900 shares in the company, valued at approximately $199,386. This represents a ? increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
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