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Public market insider net buying at Methanex (T:MX)

Updated Monday Feb 22, 2021 06:08 AM EDT

M&G Investment Management Limited, a 10% Holder, acquired 17,200 Common Shares on a control or direction basis for registered holder LF Access Global Dividend Fund at prices ranging from US$36.255 to US$36.512 on February 18th, 2021, 28,200 Common Shares on a control or direction basis for registered holder M&G (Lux) Investment Funds 1 at prices ranging from US$36.255 to US$36.512 on February 18th, 2021, 29,600 Common Shares on a control or direction basis for registered holder M&G Global Dividend Fund at prices ranging from US$36.255 to US$36.512 on February 18th, 2021 and the insider also disposed of 25,000 Common Shares on a control or direction basis for registered holder M&G Investment Funds (3) at a price of US$36.255 on February 18th, 2021. This represents a $2,317,750 net investment into the company's shares and an account share holdings change of 0.3%.

Methanex is in the Commodity Chemicals Sub Industry Group under the Basic Materials Sector.

Methanex Corp is a Canada-based producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company operates three plants in New Zealand supply methanol primarily to customers in Asia Pacific. It operates two plants in Geismar, two plants in Trinidad, Titan and Atlas and supplies to methanol markets around the globe. Its joint venture in Egypt is located on the Mediterranean Sea and primarily supplies methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. Its two plants in Punta Arenas, Chile supply methanol to customers in South America and around the globe. The Company's wholly owned subsidiary, Waterfront Shipping, operates its fleet which is made up of deep-sea tankers ranging from 3,000 to 50,000 deadweight tons of capacity.

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Go to Methanex Corporation (MX)'s company page

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