O-I Director acquires shares

Thomas L. Young, a Director at O-I, now directly owns 27,097 shares of the company’s stock, valued at approximately USD 706,689.76, thanks to his purchase of 1,000 shares on the open market in a transaction that occurred on Friday, 20 February.

Owens-Illinois (O-I) Director Thomas L. Young acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, 20 February. The shares were purchased at an average cost of USD 26.08 per share, with a total value of USD 26,080.00. Following the completion of the purchase, Young now directly owns 27,097 shares of the company’s stock, valued at approximately USD 706,689.76. The purchase was disclosed in a legal filing with the SEC.
O-I traded down 0.77% during mid-day trading on Friday, hitting USD 25.90. 1,874,046 shares of the company’s stock traded hands. Owens-Illinois has a 52-week low of USD 22.65 and a 52-week high of USD 35.18. The stock’s 50-day moving average is USD 24.69 and its 200-day moving average is USD 26.78. The company has a market cap of USD 4.253 billion and a price-to-earnings ratio of 57.87.
Owens-Illinois, Inc, is a glass container manufacturer and preferred partner for various food and beverage brands. It provides glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. It also produces tableware and stemware for household use.