WASHINGTON - A director of specialty clothing retailer Talbots Inc. bought 5,000 shares of stock, according to a Securities and Exchange Commission filing.
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In a Form 4 filed Wednesday with the SEC, John W. Gleeson reported he bought the shares for $12.21 to $12.27 apiece on Tuesday.
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.
Talbots is based in Hingham, Mass.

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