GTES Stephen A Schwarzman sells $506.3M worth of shares
Aug 24, 2024, 4:39 AM
-2.42%
What does GTES do
Gates Industrial Corp. Plc, headquartered in Denver, Colorado with 15,000 employees, manufactures engineered power transmission and fluid solutions, and went public on January 25, 2018. The company operates through two segments: Power Transmission and Fluid Power, serving diverse markets including construction, agriculture, and automotive under the Gates brand name.
Stephen A Schwarzman sold 30,539,203 shares of GTES on 21 August at $16.58 per share, worth a total of $506.3M. They now own 9,606,196 GTES shares, or a 100% holding decrease.
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