P. Thomas Jenkins, a Director, disposed of 500,000 Common Shares OTEX Common on a control or direction basis for registered holder Acton US LLC at prices ranging from US$43.261 to US$43.485 between June 5th and 9th, 2020. The insider also disposed of 15,000 Common Shares OTEX Common on a control or direction basis for registered holder Mistera Foundation at a price of US$43.300 on June 10th, 2020. This represents a $29,949,876 divestment of the company's shares and an account share holdings change of -29.4%.
Open Text is in the Software Sub Industry Group under the Technology Sector.
Open Text Corp is a Canada-based company engaged in software development sector. The Company provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models.
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