BRP CEO Exercises Stock Options
10/04/2021 - 05:00 PM
VALCOURT, QC , Oct. 4, 2021 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) announced today that during the permitted open trading period following the release of its second quarter results, José Boisjoli, President and Chief Executive Officer, exercised stock options to acquire subordinate voting shares of BRP and sold 1,041,525 shares through the facilities of an investment dealer.
Boisjoli plans to use proceeds from the sale of shares mainly for investment diversification purposes.
The shares sold represent approximately a third in value of Mr. Boisjoli's total equity interest in BRP.
About BRP We are a global leader in the world of powersports vehicles, propulsion systems and boats built on over 75 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on and off-road vehicles, Alumacraft, Manitou , Quintrex boats and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel business to fully enhance the riding experience. With annual sales of CA$6.0 billion from over 130 countries, our global workforce is made up of more than 14,500 driven, resourceful people.
www.brp.com @BRPNews
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou , Quintrex, Stacer, Savage, Evinrude and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
https://www.prnewswire.com/news-releases/brp-ceo-exercises-stock-options-301392262.html
SOURCE BRP Inc.
DOOO Rankings
#1944 Ranked by Stock Gains
DOOO Stock Data
Industry
All Other Transportation Equipment Manufacturing
Sector
Manufacturing
Tags
Consumer Durables, Recreational Products, Manufacturing, All Other Transportation Equipment Manufacturing
Country
Canada
City
Valcourt
About DOOO
brp (tsx:doo) est un chef de file mondial dans la conception, le développement, la fabrication, la distribution et la commercialisation de véhicules de sports motorisés. depuis l’obtention du premier brevet en 1937 par notre fondateur joseph-armand bombardier, nos 7 600 employés continuent à innover, afin de proposer des produits et services avant-gardistes. distribuée dans 107 pays, notre gamme de marques et de produits comprend : les motoneiges ski-doo et lynx, les motomarines sea-doo, les véhicules tout-terrains et les véhicules côte à côte can-am, les roadsters spyder, les moteurs hors-bord evinrude et les systèmes de propulsion rotax. brp (tsx:doo) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. since our founder joseph-armand bombardier obtained his first patent in 1937, our 7,600 employees continuously innovate, in order to offer products and cutting-edge services. distributed in 107 countries, our brands and pr
