Public market insider selling at ATS Corp. (ATS)

Public market insider selling at ATS Corp. (T:ATS)

Michael E. Martino, a Director, disposed of 3,500,000 Common Shares on an indirect ownership basis for registered holder Mason Capital Management, LLC at a price of $46.550 on April 3rd, 2024. This represents a $162,925,000 divestment of the company's shares and an account share holdings change of -19.6%.

ATS Corp. is in the Industrial Machinery & Equipment Sub Industry Group under the Industrials Sector.

ATS Corporation is a Canada-based automation solutions provider. The Company uses its knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets, such as life sciences, food and beverage, transportation, consumer products, and energy. It engages with customers on both greenfield programs, such as equipping new factories, and brownfield programs, including capacity expansions, production relocations, equipment upgrades, software upgrades, efficiency improvements and factory optimizations. It offers post-automation services. It also offers artificial intelligence (AI) and machine learning (ML)-based tools for industrial production. The Company also designs and manufactures automated water purification solutions for biomedical and life science applications.