Option-related selling at CCL Industries (CCL)

Option-related selling at CCL Industries (T:CCL)

Gunther Johann Birkner, a Subsidiary Executive, exercised 12,500 Options and sold the same amount of Non-Voting Shares Class B on a direct ownership basis at prices ranging from $305.080 to $308.840 on May 15th, 2017. This represents a $3,836,109 divestment of the company's shares and an account share holdings change of -27.4%.

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.