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Dolby Labs trustee could sell 2.6M shares

Mar. 01, 2018 7:22 AM ETDolby Laboratories, Inc. (DLB) StockDLBBy: Brandy Betz, SA News Editor
  • Dolby Labs (NYSE:DLB) announces that trustee Dagmar Dolby signed a Rule 10b5-1 trading plan to trade up to 2.6M shares of common stock, which accounts for about 5.9% of Dagmar’s stake.
  • The share sale can commence in April or May and continue until either April 2019 or the max limit is hit, whichever comes first. 
  • Dolby Laboratories closed yesterday up 1.9% to $64.55 with a 52-week range of $48 to $74.29.   

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