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The Globe and Mail

Dollarama directors go shopping for shares

A Dollarama in downtown Toronto.

Kevin Van Paassen/The Globe and Mail

Dollarama shares have been on a tear over the past month. From an insider perspective, it is an encouraging sign to see two directors buying stock on the back of a soaring share price. On Dec. 15, director Huw Thomas bought 1,000 shares in the public market at $41.15. Mr. Thomas is a former CFO of Canadian Tire. The next day, director John Swidler bought 3,000 shares at $41.98. Mr. Swidler is also on the board of fashion chain Reitmans (Canada).

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 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.

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