JR Shaw, executive chairman of the board of Shaw Communications Inc. has recently been buying again, spending $5.27-million picking up shares in the public market. From July 25 to 29, he acquired a total of 200,000 Class "B" Non-Voting Shares at an average price of $26.37. Mr. Shaw is the largest insider equity holder at the company, holding about 4.1 per cent of shares outstanding. The cable giant reported fiscal third-quarter revenue of $1.28-billion, up from $1.14-billion a year earlier, thanks in part to $132-million from its wireless division.
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.