OCI Global announced its subsidiary sold 2 million shares of Methanex Corporation on April 10, 2026, reducing its stake in the methanol producer.
"OCI Global (Euronext: OCI), ('OCI') announced today that its wholly owned subsidiary OCI Chemicals B.V. has sold 2 million common shares ('Shares') of Methanex Corporation ('Methanex')," the company stated in a press release.
The sale represents approximately 2.6% of Methanex's issued and outstanding common shares. The transaction was a significant disposition of a block of shares by a major corporate shareholder.
The sale of a large stake by an insider entity like OCI could be interpreted negatively by the market, potentially putting downward pressure on Methanex's stock price. Investors will be watching to see if this signals a change in OCI's long-term view of Methanex's value.
This article is for informational purposes only and does not constitute investment advice.
