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TD Banknorth (NYSE:BNK) Director Phillip L. Burghardt purchased 2,058 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average price of $17.00 per share, for a total transaction of $34,986.00. Following the completion of the acquisition, 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.

Shares of TD Banknorth (NYSE:BNK) traded up 0.06% during mid-day trading on Thursday, hitting $16.85. The stock had a trading volume of 7,470 shares. TD Banknorth has a 52-week low of $16.66 and a 52-week high of $18.00. The stock has a 50-day moving average of $16.8 and a 200-day moving average of $16.8. The company has a market cap of $1.573 billion and a P/E ratio of 105.25.

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