Andrew Klaus Sells Shares of Preformed Line Products Company $PLPC
Key Points
- Andrew Klaus sold 635 shares of Preformed Line Products Company ($PLPC) worth $230,009.70.
- $PLPC last traded around $375.42.
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Andrew Klaus, CFO at Preformed Line Products Company ($PLPC), sold 635 shares at an average price of $362.22, for a total transaction of $230,009.70. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Preformed Line Products Company Stock Down 7.1%
Shares of Preformed Line Products Company ($PLPC) traded around $375.42 on Saturday, down 7.1% for the day.
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About Preformed Line Products Company
Preformed Line Products Company designs and manufactures products and systems employed in the construction and maintenance of overhead, ground-mounted, and underground networks in the United States, the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers energy products for supporting, protecting, terminating, and splicing transmission, and distribution lines, as well as bolted, welded, and compressed connectors for substations; optical ground wire and all dielectric self-supporting fiber optic cables; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices like spacer dampers. It also provides communications products, such as rugged outside plant closures to protect and support wireline and wireless networks; demarcation related products, including wall boxes, pre-terminated cabinets, wall plates, and passive components; and formed wire products, utility pole line hardware, motion control products, and cable storage devices. In addition, the company offers special industries products comprising hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions; drone inspection services for transmission and distribution power lines, substations, generation facilities, and communications assets; mounting solutions for photovoltaic solar, commercial, industrial, utility, and residential applications; and EV charging station foundations. It serves public and private energy utilities, and communication companies; cable operators, contractors, and subcontractors; and distributors and value-added resellers through a direct sales force and manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.
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