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November 28, 2012
18:51 EDTDCTDCT Industrial CEO sells 100k shares, first action since 2008, Barron's says
DCT Industrial (DCT) president and CEO Philip Hawkins recently sold 100,000 shares of DCT at an average price of $6.32 in his first transaction since buying 15,000 shares in September 2008, according to a Barron's report. The Barron's report notes two analyst reports that are bullish in the name, with a note from BMO Capital giving an Outperform rating and a $7 price target, which hit multi-year highs of $6.89 on September 17. Shares of DCT lost 4c, or 0.63%, to close at $6.26 on today's session. Reference Link
News For DCT From The Last 14 Days
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October 28, 2014
16:32 EDTDCTDCT Industrial announces 1-for-4 reverse stock split
DCT Industrial Trust announced that its board approved a reverse stock split of the company’s outstanding shares of common stock at a ratio of 1-for-4. The reverse stock split is expected to take effect on November 17. Every four issued and outstanding shares of common stock will be converted into one share of common stock. As a result of the reverse stock split, the number of outstanding shares of common stock of the company will be reduced from approximately 338.1M to approximately 84.5M. The company expects that a corresponding adjustment will be made to its quarterly dividend. The amount of any future dividends payable by the company will be determined by and are at the discretion of the company’s board.
October 27, 2014
09:16 EDTDCTDCT Industrial announces disposition of 3.5M square foot Ohio portfolio
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