R.R. Donnelley +5% amid shareholder block purchase – R.R. Donnelley & Sons Company (NYSE:RRD)

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R.R. Donnelley (NYSE:RRD) is up postmarket for the second day in a row — up 5% currently, after an SEC filing shows a 10% owner buying 100,000 shares.

Chatham Asset Management bought the shares on Wednesday for an average price of $2.2507 each, according to the filing.

That leaves the firm with beneficial ownership of 9,141,657 shares.

Shares moved postmarket yesterday after shareholder NuOrion pressed for a sharp dividend hike and changes to the board.





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