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Jenkins paid $2 million. The sharesz will be issued in aboutthree weeks, after CompCarse completes a previously disclosed increase in its authorized common stock, a filinvg with the said. Jenkins, who CompCar e stock earlier this year, will own a totapl of 14 million shares, or 43.4 percent of the totakl number ofshares outstanding, the filing Jenkins paid 25 cents a share for the stock in the May 21 The stock traded on the open markef that day at 55 cents a Its 52-week range has been between 15 cents and 95 centds a share.
Jenkins currently is chairman of the executive committeesat Publix, a Lakeland-based grocery chain and the largest privately owned company in the Tampa Bay CompCare (OTCBB: CHCR) said it plan to use the net proceeds from the sale of the securitiew for working capital and general corporater purposes. The Tampa-based company provides behavioraol health, substance abuse, direct-to-consumerf marketing of health care products and employee assistance CompCare boughtin January, and the formerd chairman and chief executive of Core, Clarl Marcus, was named chairman and co-chief executive of CompCard earlier this month.
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