Exco Technologies Ltd. recently closed its purchase of Automotive Leather Company of South Africa which supplies leather interiors to German car makers. Exco hopes the deal will boost its existing interior trim products business. The company is also betting on emerging markets and growth in the use of aluminium in the auto industry by bringing on plants in Brazil and Thailand. Insiders appear keen on company prospects. Since Feb. 6, two insiders have bought 134,200 shares either through the public market or options. One officer sold 28,000 shares on February 11.
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 at www.inkresearch.com. 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.
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- Exco Technologies Ltd$10.74-0.34(-3.07%)
- Updated January 16 2:43 PM EST. Delayed by at least 15 minutes.