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EnerSys officers, directors buy $2.6 million 3.375% convertibles
By Jennifer Chiou
New York, March 4 - Some officers and directors of EnerSys Inc. purchased $2.6 million of the company's 3.375% convertible senior notes due 2038 on Tuesday, according to an 8-K filing with the Securities and Exchange Commission.
EnerSys said that the notes were purchased according to Rule 10b5-1 trading plans for the officers and directors, under which they may sell or purchase securities at a specified maximum price.
Reading, Pa.-based EnerSys makes, markets and distributes reserve and motive power industrial batteries.
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