Martinrea International (MRE) has notable insider buying

Martinrea International (T:MRE)

Kerri Lynn Pope, a Senior Officer, acquired 4,600 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $10.649 through the public market on August 11th, 2017. This represents a $48,986 investment into the company's shares and an account share holdings change of 22.5%.

Martinrea International Inc. is a Canada-based company engaged in the development and production of metal parts, assemblies and modules, fluid management systems and complex aluminum products focused primarily on the automotive sector. The Company's segments are North America, Europe and Rest of the World. It serves various vehicle manufacturers, as well as automotive suppliers and also serves other industrial sectors across the world. The Company's products are suspension and chassis metal components; body and structure metal components; aluminum components; chassis modules; fluid and air handling systems, and fabricated assemblies. It also provides custom parts and assemblies' production for lower volume assembly lines, such as bus, recreational vehicles, air conditioning systems, military applications and farm appliance manufacturing. It operates over 40 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China.