Public market insider buying at Algoma Steel Group (ASTL)

Public market insider buying at Algoma Steel Group (T:ASTL)

Updated Wednesday Oct 05, 2022 02:47 AM EDT
John Ralph Naccarato, a Senior Officer, acquired 15,000 Common Shares on a direct ownership basis at a price of $9.380 on September 22nd, 2022. This represents a $140,700 investment into the company's shares and an account share holdings change of greater than 100%.

Algoma Steel Group Inc. (Algoma), formerly 1295908 B.C. Ltd., is a Canada-based company, which is an integrated producer of hot and cold rolled steel products with its operations located in Canada. It produces sheet and plate products that are sold primarily to customers in Canada and Midwest United States of America. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. The Company's mill produces hot rolled sheet steel (HRC) in North America owing in part to its direct strip production complex (DSPC), which is a thin slab caster in North America with direct coupling to a basic oxygen furnace (BOF) melt shop. Algoma delivers its solutions to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Its subsidiaries include Algoma Steel Holdings Inc., Algoma Steel Inc., Algoma Steel Inc. USA, Algoma Docks GP Inc., Algoma Steel Intermediate Holdings Inc. and Legato Merger Corp.

ASTL Insider Holdings Chart

Issuer details as of Oct 05, 2022 2:47 ET

Latest Price
9.38
1 Day Change
4.34%
52 Week High
17.27
52 Week Low
8.53
QMV ($Mils)
0


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