Today, we revisit INK Canadian Insider Index member Empire Company Ltd. which we last featured on Jan. 28.
Since that report which highlighted CEO buying, the stock has been a strong performer, up more than 25 per cent.
This time around, it is the chief financial officers's turn. On July 27, Empire chief finacial officer Michael Vels acquired 5,000 Class A Non-Voting Shares on a direct ownership basis at a price of $20.16. The purchase comes after the stock pulled back from its 52-week high of $22.45 set on July 4.
Disclaimer:
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.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.