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NewMarket director continues to build stake with purchase of additional shares
By Lisa Kerner
Charlotte, N.C., Aug. 27 - NewMarket Corp. director Bruce C. Gottwald increased his ownership interest in the company to 14.53%, from 13.48% on May 27, with the purchase of 207,154 shares between Aug. 6 and Aug. 26, according to a schedule 13D filing with the Securities and Exchange Commission.
Gottwald beneficially owns approximately 2.25 million shares of the Richmond, Va., chemical company's stock.
The additional shares were purchased by Gottwald "to increase his beneficial interest in the issuer," which he believes is an attractive investment, the filing stated.
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