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NEW YORK - The chairman and chief executive of industrial conglomerate General Electric Co. bought 115,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
| GE | 14.03 |  1.19 |
In a Form 4 filed with the SEC, Jeffrey R. Immelt reported he bought the shares on Wednesday for $30.59 to $30.66 apiece.
After the purchases, Immelt reported owning roughly 1.5 million shares, compared with 9.97 billion shares outstanding as of March 31.
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.
GE is based in Fairfield, Conn.
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