Airgas Announces Share Sale by Executive Chairman
RADNOR, Pa. -- November 27, 2012
Airgas, Inc. (NYSE: ARG) announced today that Executive Chairman Peter
McCausland has sold a total of 1.2 million shares of Airgas common stock in a
privately-negotiated overnight block trade. McCausland sold the shares in
connection with personal financial planning matters, including tax planning
and the repayment of debt incurred to exercise a significant number of Airgas
stock options in recent years and hold the resulting shares. Following the
sale, McCausland’s beneficial ownership of Airgas’ common stock was
approximately 7 million shares.
About Airgas, Inc.
Airgas, Inc. (NYSE: ARG), through its subsidiaries, is one of the nation’s
leading suppliers of industrial, medical and specialty gases, and hardgoods,
such as welding equipment and related products. Airgas is a leading U.S.
producer of atmospheric gases with 16 air separation plants, a leading
producer of carbon dioxide, dry ice, and nitrous oxide, one of the largest
U.S. suppliers of safety products, and a leading U.S. supplier of
refrigerants, ammonia products, and process chemicals. More than 15,000
employees work in approximately 1,100 locations, including branches, retail
stores, gas fill plants, specialty gas labs, production facilities and
distribution centers. Airgas also markets its products and services through
eBusiness, catalog and telesales channels. Its national scale and strong local
presence offer a competitive edge to its diversified customer base. For more
information, please visit www.airgas.com.
Doug Sherman, 610-902-6270
Barry Strzelec, 610-902-6256
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