Paysafe Shares Pop as CEO, Executives, Directors Buy Shares Worth $2.8 Million

Paysafe Shares Pop as CEO, Executives, Directors Buy Shares Worth $2.8 Million
A logo of Paysafe on a building in Vienna, Australia, in July 2019. Google Maps/Screenshot via The Epoch Times
Benzinga
Updated:

Paysafe Limited CEO Philip McHugh purchased 0.29 million shares of the company for a total purchase price of $1.0 million.

McHugh purchased the shares on the open market on Dec. 3.

Additionally, other executive officers and independent board members of Paysafe purchased 0.45 million shares totaling $1.8 million.

They purchased the shares on the open market between Nov. 12 and Dec. 3.

Paysafe shares have lost 75.6 percent year-to-date.

By Anusuya Lahiri
© 2021 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.