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00:02GameStop chairman and CEO Ryan Cohen bought 1.15 million shares of the company Monday
00:07for about $26.4 million, pushing his direct holdings above 40 million shares.
00:12According to an SEC filing, Cohen paid a weighted average price of nearly $22.9375 per share.
00:19The purchase followed his September 10 acquisition of 1 million shares for about $20.4 million.
00:25Three GameStop directors also added shares earlier this month.
00:28Cohen paid more than 12% more for Monday's GameStop shares than he did 11 days earlier when he bought
00:33at a lower price.
00:34Shares closed 0.53% higher Monday and gained another 2.37% after hours, according to Benzinga ProMarket data.
00:42For all things money, visit Benzinga.com.
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