Public market insider selling at CCL Industries (CCL)

Public market insider selling at CCL Industries (T:CCL)

Stuart W. Lang, a Director, disposed of 525,000 Non-Voting Shares Class B on a control or direction basis for registered holder The Angel Gabriel Foundation at prices ranging from $73.836 to $74.290 on March 12th, 2024. The insider also disposed of 175,000 Non-Voting Shares Class B on a control or direction basis for registered holder The Damascus Road Foundation at a price of $73.836 on March 12th, 2024. This represents a $51,747,868 divestment of the company's shares and an account share holdings change of -19.1%.

Donald G. Lang, a Senior Officer and Director, disposed of 91,250 Non-Voting Shares Class B on a control or direction basis for registered holder The Lang Family Foundation at prices ranging from $71.490 to $73.530 between March 13th, 2024 and March 14th, 2024. This represents a $6,561,485 divestment of the company's shares and an account share holdings change of -9.5%.

CCL Industries is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.

CCL Industries Inc. is a Canada-based company, which provides specialty label, security, and packaging solutions. The Company provides its solutions to global corporations, government institutions, small businesses, and consumers. The Company operates through four segments: CCL, Avery, Checkpoint, and Innovia. Its CCL segment is a converter of pressure sensitive, and specialty extruded film materials for a range of decorative, instructional, functional and security applications. Its Avery segment is a supplier of labels, specialty converted media and software solutions. Its Checkpoint segment is a developer of radio frequency (RF) and radio frequency identification (RFID) based technology systems for loss prevention and inventory management applications, including labeling and tagging solutions, for the retail and apparel industries. Its Innovia segment is a producer of specialty and layered surface engineered films for label, packaging, and security applications.