September 26, 2007 / 5:40 PM / 12 years ago

Ball Corp finance chief reduces his stake

NEW YORK, Sept 26 (Reuters) - The chief financial officer of Ball Corp (BLL.N) disclosed on Wednesday that he had sold more than 60,000 shares of the food and drink packaging company just days after the stock hit its highest level in a year.

In a U.S. Securities and exchange Commission filing Raymond Seabrook, said he had sold 61,620 shares of the company this week for average prices ranging from $54.42 to $54.89 per share.

The sale represents nearly one-quarter of his common stock holdings, according to filing tracker InsiderScore.com.

Ball shares hit a 52-week high of $55.87 on Sept. 19. The stock is up nearly 33 percent year-to-date.

In afternoon trading on Wednesday Ball shares were up 0.8 percent at $54.90 on the New York Stock Exchange. (Reporting by Emily Chasan)

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