- OCI Global divests its final 2,612,962 shares in Methanex Corporation.
- The sale accounts for approximately 3.4% of Methanex's total issued and outstanding shares.
- The move could create short-term selling pressure on Methanex's stock (MEOH).
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OCI Global Sells Remaining 3.4% Stake in Methanex Corporation
(Bloomberg) -- OCI Global’s wholly owned subsidiary, OCI Chemicals B.V., has sold its remaining 2,612,962 common shares of Methanex Corporation, representing about 3.4% of the company’s issued and outstanding stock.
The disposition was announced by OCI Global in a press release dated April 21, 2026. The sale marks the final step in OCI's divestment from the Vancouver-based methanol producer.
The block of over 2.6 million shares was sold by OCI Chemicals B.V., a subsidiary of the Amsterdam-listed parent company. The transaction removes OCI Global from Methanex's list of significant shareholders.
The introduction of a substantial number of shares into the market may exert downward pressure on Methanex's stock price in the near term. Investors might also interpret OCI's complete exit as a lack of confidence in Methanex’s future prospects, potentially leading to increased volatility.
This divestment concludes OCI's holding in the methanol supplier. Market participants will now watch Methanex's stock performance to gauge the impact of this significant share sale and whether it prompts a broader reassessment of the company's valuation.
This article is for informational purposes only and does not constitute investment advice.
