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CEO selling at Richelieu Hardware (T:RCH)

Updated Tuesday Jul 18, 2017 07:08 AM EDT

Richard Lord, CEO and Director, exercised 150,000 Options and sold the same number of Common Shares on a direct ownership basis at prices ranging from $31.500 to $31.510 on July 14th, 2017. This represents a $4,725,001 divestment of the company's shares and an account share holdings change of -3.4%.

Richelieu Hardware is in the Home Furnishings Sub Industry Group under the Consumer Cyclicals Sector.

Richelieu Hardware Ltd. is a distributor, importer and manufacturer of specialty hardware and complementary products. The Company's product categories include furniture, glass and building decorative and functional hardware, lighting systems, finishing and decorating products, ergonomic workstation components, kitchen and closet storage solutions, sliding door systems, decorative and functional panels, window and door hardware, glass hardware and floor protection products. Its products are targeted to a customer base of kitchen and bathroom cabinet, furniture, and window and door manufacturers plus the residential and commercial woodworkers, as well as a large customer base of hardware retailers, including renovation superstores. The Company, through its subsidiaries, offers a range of veneer sheets and edge banding products, a selection of decorative moldings and components for the window and door industry. Its product selection consists of approximately 110,000 different items.

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Go to Richelieu Hardware Ltd. (RCH)'s company page

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