Dimon buys more than $25M in JPM stock: Source

Jamie Dimon, chief executive officer of JPMorgan Chase & Co, recently bought 500,000 shares of the company’s stock worth more than $25 million, according to a person familiar with the matter.

CNBC confirmed the purchase Thursday afternoon.

JPMorgan shares closed at $53.07 on Thursday. The stock has fallen nearly 20 percent this year.

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 [“source -cncb”]