Private Ltd Gic Sells 2,900,552 Shares of StandardAero, Inc. (NYSE:SARO) Stock

StandardAero, Inc. (NYSE:SAROGet Free Report) major shareholder Private Ltd Gic sold 2,900,552 shares of the company’s stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $22.74, for a total transaction of $65,958,552.48. Following the completion of the sale, the insider now directly owns 47,447,058 shares in the company, valued at approximately $1,078,946,098.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

StandardAero Stock Performance

SARO stock opened at $33.00 on Wednesday. StandardAero, Inc. has a 12-month low of $30.76 and a 12-month high of $33.75.

StandardAero Company Profile

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StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.

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