Gregory Yull, CEO and Director, exercised 105,000 Options and sold the same number of Common Shares on a direct ownership basis at a price of $24.611 on June 16th, 2017. This represents a $2,584,124 divestment of the company's shares and an account share holdings change of -13.4%.
In addition, Robert J. Foster, a Director, disposed of 6,000 Common Shares on a direct ownership basis at prices ranging from $24.090 to $24.470 on June 15th, 2017. This represents a $145,620 divestment of the company's shares and an account share holdings change of -10.7%.
Intertape Polymer Group is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.
Intertape Polymer Group Inc. operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use. It operates in the United States, Canada and other countries. The Company's products primarily consist of carton sealing tapes, including pressure sensitive and water-activated tapes; industrial and performance specialty tapes, including masking, duct, electrical and reinforced filament tapes; shrink film; stretch wrap; lumberwrap, structure fabrics and geomembrane fabrics, and non-manufactured flexible intermediate bulk containers. Its subsidiaries include Intertape Polymer Corp., IPG (US) Holdings Inc., IPG (US) Inc., Intertape Polymer Inc., FIBOPE Portuguesa-Filmes Biorientados, S.A. and Intertape Polymer Europe GmbH.
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