AUSTIN, Texas, Dec. 17, 2018 /PRNewswire/ -- Leadership of Resideo Technologies, Inc. (NYSE: REZI), including president and CEO Mike Nefkens, and CFO Joe Ragan, purchased 43,914 shares of company stock in November and December, representing a combined $935,528 of open market purchases. Details about the purchases made by company officers between Nov. 29 and Dec. 14, 2018, can be found at https://investor.resideo.com/InsiderFilings.
"In the short six weeks since our launch as a standalone company, Resideo's leadership team has shown we're personally and professionally invested in its success," Nefkens said. "As 2018 draws to a close, we're motivated by a strong plan for growth in 2019, and looking forward to the bright future ahead for Resideo and its shareholders."
Resideo is a leading global provider of critical comfort and security solutions primarily in residential environments, and distributor of low-voltage and security products. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. The company has a 40-year, exclusive license to use the Honeywell Home brand for products and will continue to serve more than 100,000 contractors through its ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world. Resideo is a $4.8 billion company with approximately 14,500 global employees. For more information about Resideo, please visit corporate.resideo.com.