Public market insider buying at Ritchie Bros. Auctioneers (RBA)

Public market insider buying at Ritchie Bros. Auctioneers (T:RBA)

Ann Margaret Fandozzi, CEO and Director, acquired 18,522 Common Shares on a direct ownership basis at a price of US$54.06 on May 18th, 2023. This represents a $1,351,754 investment into the company's shares and an account share holdings change of 18.3%.

Robert George Elton, a Director, acquired 1,471 Common Shares on a direct ownership basis at a price of US$54.15 on May 18th, 2023. This represents a $107,534 investment into the company's shares and an account share holdings change of greater than 100%.

Ritchie Bros. Auctioneers is in the Business Support Services Sub Industry Group under the Industrials Sector.

Ritchie Bros. Auctioneers Incorporated is a Canada-based company, which provides a marketplace for insights, services and transaction solutions for commercial assets. The Company offers its customers end-to-end transaction solutions for used commercial and other durable assets through its omnichannel platform, which includes auctions, online marketplaces, listing services and private brokerage services. The Company also offers an array of value-added services connected to commercial assets, as well as asset management software and data as a service solution to help customers make business decisions. The Company has two segments. Auctions and Marketplaces segment consists of the Company's live onsite auctions, its online auctions and marketplaces, and its brokerage service. Other segment includes the results of Ritchie Bros. Financial Services, Rouse, SmartEquip, Mascus & RitchieList online services, and the results from various value-added services and make-ready activities.