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Janus Capital Group director exercises options



By AP
29 April 2008 @ 12:38 pm EST

NEW YORK - A director of investment manager Janus Capital Group Inc. exercised options for 6,000 shares of common stock, according to a filing with the Securities and Exchange Commission.

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In a Form 4 filed with the SEC Monday, Paul F. Balser reported exercising the options on Friday for $22.02 apiece, then selling all 6,000 shares on the same day for $27.42 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Janus is based in Denver.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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