Company sells 18,623 of its shares at $5.52 apiece to Edward J. Perkin
By Devika Patel
Knoxville, Tenn., May 8 - Eaton Vance Corp. completed a $102,799 private placement of stock with chief equity investment officer Edward J. Perkin on May 7, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 18,623 common shares at $5.52 per share, an 84.8% discount to the closing share price, $36.32, on May 6.
Boston-based Eaton Vance is an investment management firm.
Issuer: | Eaton Vance Corp.
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Issue: | Common stock
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Amount: | $102,799
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Shares: | 18,623
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Price: | $5.52
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Warrants: | No
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Investor: | Edward J. Perkin
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Settlement date: | May 7
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Stock symbol: | NYSE: EV
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Stock price: | $36.32 at close May 7
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Market capitalization: | $4.32 billion
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