Insiders Acquire Shares in BCE Inc. and Altus Group Ltd.
1 report, 1 independent
Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Louis Vachon, Chair of the board of BCE Inc., acquired 10,000 shares of BCE Inc. on September 18, investing over $306,000. Separately, Mike Gordon, Chair and Chief Executive Officer of Altus Group Ltd., invested over US$159,000 in 5,000 shares of Altus Group Ltd. on September 22.
From theglobeandmail.com
Why it matters
Insider transaction activity can reflect an insider's perceived value in a security, though selling activity may be related to personal financial needs. The reported purchases increased the holdings in specific accounts for both BCE Inc. and Altus Group Ltd.
From theglobeandmail.com
Who's involved
- Mirko BibicPresident and CEO at BCE Inc., whose board chair Louis Vachon made a purchase
Keep exploring
The entities involved
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Bell Media
Canadian media company
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Bank of Montreal
Canadian investment bank