Stadler patron Peter Spuhler buys more shares
Published: Tuesday, Sep 3rd 2024, 14:30
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Company patron Peter Spuhler has once again bought a large number of shares in train manufacturer Stadler Rail. Last Thursday, a Stadler executive acquired shares worth CHF 7.2 million, according to a disclosure report published by the Swiss stock exchange SIX on Monday (yesterday).
This is Peter Spuhler, a Stadler spokeswoman said on Tuesday at the request of the news agency AWP. Spuhler had already acquired shares at a price of 4.7 million last Wednesday.
"The share purchases reflect the confidence in Stadler's long-term prospects and strategic orientation," said Spuhler, explaining the purchase. With its products and market position, the Group is well positioned to achieve sustainable growth.
Spuhler's first purchase took place after Stadler Rail published its figures. The shares subsequently fell sharply. The purchase price last Wednesday was 26.69 Swiss francs. The shares are currently worth 27.70 francs.
Peter Spuhler is by far the largest shareholder of Zugbauer. According to the annual report, the Chairman of the Board of Directors held almost 41.7 million of the 100 million outstanding shares at the end of 2023.
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