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Friedman Industries COO Chhibbar buys $18,350 in stock By Investing.com
Gaurav Chhibbar, Chief Operating Officer of Friedman Industries Inc (NYSE:FRD), recently purchased 1,000 shares of the company’s common stock for $18.35 per share, totaling $18,350. Following this transaction, Chhibbar directly owns 51,000 shares. The company has a history of 54 consecutive years of dividend payments and recently increased its credit facility from $125 million to $140 million.