Titanium Metals (TIE) Chairman Buys 125K Shares
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In a Form 4 filing with the SEC today, Titanium Metals Corp. (NYSE: TIE) Chairman, Harold Simmons, disclosed he bought 125,000 shares of the company on 07/13/06 at $27.14 per share. The new purchase brings the director's stake to 60,723,60 shares.
Titanium Metals, headquartered in Dallas, Texas, is a leading worldwide producer of titanium metal products.
Shares of Titanium Metals are trading down 6.52% today to $24.68 per share mid-day action Friday, but is off the day lows of $23.38.
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