Martinrea International (MRE) has notable insider buying

Martinrea International (T:MRE)

Bruce Norman Johnson, a Senior Officer, acquired 8,000 Common Shares on a direct ownership basis at a price of $7.000 through an exercise of options on March 11th, 2021. This represents a $56,000 investment into the company's shares and an account share holdings change of 15.9%.

Martinrea International Inc. is a Canada-based company that is engaged in the development and production of metal parts, assemblies and modules, fluid management systems and aluminum products focused primarily on the automotive sector. Its segments include North America, Europe and Rest of the World. Its products include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. It operates across Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China. Its solutions include lightweight structures, propulsion systems and flexible manufacturing. Its lightweight structures are designed and provided incorporating steel, aluminum, a combination of both or other materials. It offers engine, transmission, thermal and fluid products.