Industry Stadler patron Peter Spuhler buys after share price plunges
Company patron Peter Spuhler has bought a large number of shares in train manufacturer Stadler Rail. He acquired 176,309 shares at a total price of CHF 4.7 million, according to a disclosure from the SIX stock exchange.
01.09.2024, 11:31
SDA
"Peter Spuhler was the buyer of the shares", confirmed a company spokesperson at the weekend when asked by the news agency AWP. The purchase by Spuhler took place last Wednesday - the day Stadler Rail published its figures. The shares subsequently fell sharply. The purchase price on Wednesday was 26.69 Swiss francs. On Friday, the shares closed at 27.95 francs.
Peter Spuhler is by far the largest shareholder of the train manufacturer. According to the annual report, the Chairman of the Board of Directors held just under 41.7 million of the 100 million shares outstanding at the end of 2023.
