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Twitter CEO buys $ 7 million in shares of the own company

Twitter CEO buys $ 7 million in shares of the own company

Photo: Bloomberg

Twitter CEO Jack Dorsey has 7 million dollars (6.6 million euros) in shares of his own company was purchased. With the purchase attempt to the ceo, his trust in the company to speak.

Dorsey tweette a document about the purchase along with the hashtag #LoveTwitter. It is the first time that the CEO buy shares since August, 2015, when he was a small amount purchased as an interim CEO.

#LoveTwitter https://t.co/fELbw0ska7

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jack
Time of placing
23:16 – February 14, 2017

Disappointing quarterly sales figures meant earlier this month that the share of Twitter with 10 percent decreased. The company made last quarter, twice as much loss.

By itself a large amount of to purchase, try to Dorsey, presumably to send a signal to investors. The share of Twitter soared after the purchase by Dorsey with 5 percent.

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