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Martinrea International (T:MRE) has notable insider buying

Updated Monday Jun 29, 2020 04:49 AM EDT

Martinrea International Inc. (MRE) has a high amount of executive buying compared to its mid-cap peers over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $117,507.

Peter Cirulis, a Senior Officer, acquired 1,298 Common Shares on a direct ownership basis at a price of $7.700USD through the public market on June 26th, 2020. This represents a $13,669 investment into the company's shares and an account share holdings change of 5.3%.

Robert Fairchild, a Senior Officer, acquired 9,800 Common Shares on a direct ownership basis at prices ranging from $7.730USD and $7.758USD through the public market on June 26th, 2020. This represents a $103,839 investment into the company's shares and an account share holdings change of 33.9%.

Martinrea International is in the Auto, Truck & Motorcycle Parts Sub Industry Group under the Consumer Cyclicals Sector.

Martinrea International Inc. is a Canada-based company that is engaged in the development and production of metal parts, assemblies and modules, fluid management systems and aluminum products focused primarily on the automotive sector. Its segments include North America, Europe and Rest of the World. Its products include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. It operates across Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China. Its solutions include lightweight structures, propulsion systems and flexible manufacturing. Its lightweight structures are designed and provided incorporating steel, aluminum, a combination of both or other materials. It offers engine, transmission, thermal and fluid products.

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Go to Martinrea International Inc. (MRE)'s company page

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