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Peter R. Kellogg, a ten percent owner of Mercer International Inc. (NASDAQ:MERC), acquired 760,000 shares of common stock on July 22, 2025, at a price of $3.25 per share. The total value of the purchase amounted to $2,470,000. This insider purchase comes as the stock trades near its 52-week low of $3.18, having declined 46% over the past six months. According to InvestingPro analysis, the company currently offers an attractive 8.6% dividend yield.
Following the transaction, Kellogg directly and indirectly owns a total of 22,832,500 shares of Mercer International. The shares are held directly, via spouse, via Non Marital PRK Trust, via Bermuda Partners, via Cardia Company Inc., via Peter and Cynthia Kellogg Foundation, via IAT Insurance Co. Ltd., via E.G. Anderson Inc., via C. Kellogg & P Kellogg TTEE U/W Charles A Kirkland Trust, via the Myth and Barnegat Restoration Society, Inc., via C. Kellogg & P Kellogg TTEE U/W Anne Kirkland Trust, via Acceptance Casualty, via Acceptance Indemnity, via Harco, via Wilshire, via Transguard, via Occidental (NYSE:OXY).
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