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TD Banknorth (NYSE:BNK) Director Phillip L. Burghardt purchased 2,058 shares of TD Banknorth stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average cost of $17.00 per share, with a total value of $34,986.00. Following the completion of the transaction, the director now directly owns 120,365 shares of the company’s stock, valued at approximately $2,046,205. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

TD Banknorth (NYSE:BNK) traded up 0.90% on Tuesday, hitting $16.85. The stock had a trading volume of 34,440 shares. TD Banknorth has a one year low of $16.66 and a one year high of $18.00. The stock’s 50-day moving average is $16.86 and its 200-day moving average is $16.86. The company has a market cap of $1.573 billion and a price-to-earnings ratio of 104.38.

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