Global Fastener News

Top Officers Buy Fastenal Stock

March 12
00:00 2004

Top Officers Buy Fastenal Stock

Jason Sandefur

When Fastenal Co. stock dropped 7.7% in mid March, the company�s top three officers bought 12,000 shares at a sizeable discount, the Wall Street Journal reported. CEO Will Oberton, COO Nicholas Lundquist, and CFO Dan Florness purchased the stock for $529,398, or $44.12 per share. Within a few days, Fastenal shares closed 1.6% higher at $47.86. Web: fastenal.com �2004 FastenerNews.com

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