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Shareholders file to sell 1.13M shares of GMS

May 07, 2019 6:59 PM ETGMS Inc. (GMS) StockGMSBy: Jason Aycock, SA News Editor
  • In a filing, shareholders of GMS plan to offer up to 1.129M shares of common stock.
  • That stock is issuable on exchange of nonvoting shares of subsidiary Canada Gypsum Management and Supply.
  • The selling stockholders are 2515682 Ontario Inc. (holders of 677,421 shares), Slegg Building Materials (holders of 225,806 shares) and Shoefam Holdings (also holders of 225,806 shares).
  • The presidents of those stockholders were executives at Titan prior to that company's acquisition by GMS.

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