Officer selling at Open Text (OTEX)

Officer selling at Open Text (T:OTEX)

Muhieddine Majzoub, a Senior Officer, disposed of 32,200 Common Shares OTEX Common on a direct ownership basis at a price of $29.536USD on September 7th, 2022. This represents a $1,251,953 divestment of the company's shares and an account share holdings change of -26.1%.

Open Text is in the Software Sub Industry Group under the Technology Sector.

Open Text Corporation is a Canada-based information management company that provides software and services. The Company offers an integrated portfolio of Information Management solutions delivered at scale in the OpenText Cloud, enabling organizations to optimize their digital supply chains. Its Content Services solutions range from content collaboration and intelligent capture to records management and archiving, and are available off-cloud, on a cloud provider, as a subscription in the OpenText Cloud, in a hybrid environment or as a managed service. Its Content Services solution enables customers to capture documents and data from paper, electronic files, and other sources and transform it into digital content delivered directly into enterprise content management solutions and business processes. The Company's Information Management platform and services provide scalable solutions for global companies, small and medium-sized businesses (SMB), Governments and consumers.