Sebastian Rubino, a Subsidiary Executive, exercised 50,000 Options and sold the same number of Non-Voting Shares Class B on a direct ownership basis at prices ranging from $64.130 to $64.295 on May 22nd, 2018. This represents a $3,209,708 divestment of the company's shares and an account share holdings change of -36.8%.
In addition, Kamal Chandrakant Kotecha, a Senior Officer, disposed of 3,750 Non-Voting Shares Class B on a direct ownership basis at prices ranging from $64.500 to $64.900 on May 23rd, 2018. This represents a $242,726 divestment of the company's shares and an account share holdings change of -48.2%.
CCL Industries is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.
CCL Industries Inc. is involved in manufacture of labels, containers, consumer printable media products and inventory management and loss prevention solutions. It operates through four segments: Label, Avery, Checkpoint and Container. The Label segment includes production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets. The Avery segment includes manufacturing and selling of consumer products, including labels, binders, dividers, sheet protectors and writing instruments in North America, Latin America, Asia Pacific and Europe. The Checkpoint segment includes manufacturing of technology-driven, loss-prevention, inventory management and labelling solutions, including radio-frequency and radio-frequency identification-based. The Container segment includes manufacturing of specialty containers for consumer products industry.
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