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flag EVERTEC CEO sold shares worth nearly $3M, amid increased institutional ownership and a new dividend.

flag EVERTEC, Inc. CEO Morgan Schuessler sold 80,000 shares for $2.996 million, reducing his ownership by 22.09%. flag The company announced a quarterly dividend of $0.05 per share, paid on March 21st. flag EVERTEC, which provides payment and business solutions services, saw an increase in shares held by hedge funds like FMR LLC and State Street Corp. Institutional investors now own 96.80% of the company's stock.

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