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CIBC Bancorp USA Inc. Buys New Shares in Iron Mountain Incorporated $IRM
CIBC Bancorp USA Inc. has acquired a new stake of 118,362 shares in Iron Mountain (NYSE:IRM), valued at approximately $12.07 million, during the third quarter. This purchase contrasts with recent insider selling, where CEO William L. Meaney sold 137,133 shares and insiders collectively sold over 390,000 shares. Iron Mountain also declared a quarterly dividend of $0.864, resulting in a 3.3% yield despite a high payout ratio.