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IN BRIEF: RHI Magnesita CEO buys 2,500 shares after trading update

19th Oct 2021 14:12

RHI Magnesita NV - Vienna-based supplier of refractory products - Chief Executive Officer Stefan Borgas buys 2,515 shares at GBP31.35, worth GBP78,842, on Tuesday. RHI Magnesita shares were up 7.4% on Tuesday afternoon, despite saying before the market open it will need a "strong" fourth quarter to meet its full-year earnings targets, as it faces increased costs due to supply chain issues.

Current stock price: 3,172.00 pence

Year-to-date change: down 9.5%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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RHI Magnesita
FTSE 100 Latest
Value8,809.74
Change53.53