Linamar (LNR) has notable insider buying

Linamar (T:LNR)

Linda Hasenfratz, CEO and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $45.361 through the public market on December 17th, 2018. This represents a $2,268,050 investment into the company's shares and an account share holdings change of 20.6%.

Roxanne Phyllis Rose, a Senior Officer, acquired 431 Common Shares on a direct ownership basis at a price of $45.000 through the public market on December 13th, 2018. This represents a $19,395 investment into the company's shares and an account share holdings change of 47.6%.

Michael Willard Russell, a Senior Officer, acquired 431 Common Shares on a direct ownership basis at a price of $45.000 through the public market on December 13th, 2018. This represents a $19,395 investment into the company's shares and an account share holdings change of 36.6%.

Linamar Corporation is a Canada-based diversified manufacturing company of engineered products powering vehicles, motion, work and lives. The Company operates through two segments: the Powertrain/Driveline and the Industrial. The segments are divided into four operating groups: Machining & Assembly, Light Metal Casting, Forging and Skyjack. The Company's Machining and Assembly, Casting and Forging operating groups focus on precision metallic components, modules and systems for engine, transmission, driveline and body systems designed for global vehicle and industrial markets. The Company's Skyjack operating group is noted for its mobile industrial equipment, notably its aerial work platforms and tele handlers. The Company provides core engine components, including cylinder blocks and heads, camshafts and connecting rods. For transmission, it builds differential assemblies, gear sets, shaft and shell assemblies, as well as clutch modules.