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Intel’s Newest Director Buys Big Block of Stock

Intel’s Newest Director Buys Big Block of Stock

by Neclink
November 18, 2022
in BUSINESS
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On the heels of


Intel


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.

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