Martinrea International (MRE) has notable insider buying

Martinrea International (T:MRE)

Robert Fairchild, a Senior Officer, acquired 12,170 Common Shares on a direct ownership basis at a price of $8.303USD through the public market on December 21st, 2021. This represents a $130,623 investment into the company's shares and an account share holdings change of 31.4%.

Martinrea International Inc. is a Canada-based automotive supplier, which is engaged in the business of design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company offers a range of products, including assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's segments include North America, Europe, and Rest of the World. The Company's solutions include lightweight structures, propulsion systems and flexible manufacturing. The Company's lightweight structures are designed and provided incorporating steel, aluminum, a combination of both or other materials. It also offers engine, transmission, thermal and fluid products. The Company operates across Canada, the United States, Mexico, Brazil, Germany, Slovakia and Spain.