Go to the Globe and Mail homepage

Jump to main navigationJump to main content

New Flyer presents BC Transit with the first fuel cell bus which they unveiled as their 1000th bus in the BC Transit fleet.
New Flyer presents BC Transit with the first fuel cell bus which they unveiled as their 1000th bus in the BC Transit fleet.

Insider Trading

Boarding the buying bus at New Flyer Add to ...

Executives at Winnipeg bus maker New Flyer Industries Inc. have not been complaining about the high Canadian dollar. Instead, the company reported a 60-per-cent jump in cash flow from operations (before adjustments) over the comparable period a year ago in its third-quarter earnings report. So perhaps it is not surprising to see some insider buying.

More Related to this Story

On Nov. 17, executive vice-president Colin Pewarchuk bought 5,000 units in the public market at $9.69. Director and former Newfoundland premier Brian Tobin also picked up 7,700 units at the same price. In terms of public market activity over the past 12 months, officers and directors at the issuer bought 114,700 units and sold none.



Disclaimer:

Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. Investments profiled are from a recent edition of the Morning INK report which is distributed daily to subscribers and clients of select financial institutions. INK staff may hold shares in profiled securities.

Follow on Twitter: @TedDixon

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories