John James Glynn, a Subsidiary Executive, acquired 400 Trust Units on a direct ownership basis at a price of $40.000 on March 13th, 2023. The insider also acquired 3,450 Trust Units on an indirect ownership basis for registered holder RRSP at prices ranging from $39.500 to $40.390 between March 10th, 2023 and March 13th, 2023. The insider also acquired 1,000 Trust Units on an indirect ownership basis for registered holder TFSA at a price of $39.400 on March 13th, 2023. This represents a $193,633 investment into the company's shares and an account share holdings change of greater than 100%.
Terry Edwards, a Senior Officer, acquired 40 Trust Units on a direct ownership basis at a price of $40.000 on March 10th, 2023. This represents a $1,600 investment into the company's shares and an account share holdings change of 11.4%.
Richards Packaging Inc Fd is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.
Richards Packaging Income Fund (the Fund) is a Canada-based open-ended, limited-purpose trust. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 18,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. It is engaged in the distribution of approximately 8,000 different types of packaging components and healthcare products that are sourced from over 900 suppliers and four manufacturing facilities. It sources products from glass and plastic companies both in raw materials and in finished goods. Richards Packaging services include global sourcing, inventory management, manufacturing, and packaging 101.
No Comments