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Boston Scientific CEO Mahoney Buys More Than 200k Shares for $10 Million. What Does This Mean for Investors in 2026?
The Motley Fool·
Boston Scientific CEO Michael F. Mahoney purchased approximately 208,000 shares worth $10.1 million on August 3, 2026, at a weighted average price of $48.34 per share, expanding his equity stake by 13%. The purchase signals confidence in the company's future despite a -54% one-year stock decline, as the company benefits from recent acquisitions bolstering its product pipeline for 2027-2029 and a $500 million cost-cutting restructuring initiative.
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