Insider Activity: Chairman of the Board at Danaher Corp (DHR) Buys $349k in Stock
Mitchell P Rales, Chairman of the Board at Danaher Corp (DHR), bought 2,500 shares of the company’s common stock on Aug 23. At $139.52 per share, Rales paid a total of $348,800 for the new shares.
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About Danaher Corporation
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, including the Fortive separation in 2016, Danaher now focuses primarily on manufacturing scientific instruments and consumables in four segments: life sciences (33% of 2018 sales), diagnostics (31%), environmental and applied solutions (22%), and dental (14%). In 2019, Danaher plans to separate its dental business from the organization through an initial public offering, and Danaher also plans to acquire GE's Biopharma business, which will add to its life sciences segment.