The Alimentation Couche-Tard convenience store empire spans over 13,000 stores worldwide. Consequently, for those who believe the fall in oil is like a tax cut to individuals, the company is well positioned to help consumers spend their extra cash. In light of recent volatility, fresh insider net buying is a nice vote of confidence on the future. During the week, an officer bought 1,500 shares at $34 and a European subsidiary executive bought 8,000 shares at $35.15 (not on chart). On Sep. 30, one insider exercised 4,339 options and sold.
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.