Money is Moving

Public market insider selling at Norbord (T:OSB)

Updated Friday Feb 14, 2020 04:20 AM EDT
Robin E.A. Lampard, CFO, exercised 45,000 Options and disposed of 45,000 Common Shares on a direct ownership basis at a price of $43.000 on February 12th, 2020. This represents a $1,935,000 divestment of the company's shares and an account share holdings change of -62.2%.

Norbord is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

Norbord Inc. is a Canada-based producer of wood-based panels. The Company is engaged in manufacturing, sales, marketing and distribution of panelboards and related products used in the construction of new homes or the renovation and repair of existing structures. Its geographic segments include North America and Europe. It also produces oriented strand board (OSB), and manufactures particleboard, medium density fiberboard (MDF) and related value-added products. It has over 20 plant locations in the United States, Canada and Europe. In North America, the Company owns over 10 OSB production facilities located in the Southern region of the United States, Western Canada, Quebec, Ontario and Minnesota. In Europe, it operates an OSB production facility, two particleboard mills and one MDF mill in the United Kingdom and one OSB production facility in Belgium. Its OSB products are sold in North America under the brand names, including SolarBord, TruDeck and StableDeck.

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