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ECN Capital Corp T.ECN

Alternate Symbol(s):  T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B | T.ECN.P.C | ECNCF | ECNNF

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.


TSX:ECN - Post by User

Post by Cheeky20on Oct 03, 2023 7:32am
235 Views
Post# 35666302

Hudson buying shares

Hudson buying sharesAs we have posted about here Hudson has been buying shares during this dip.  From the Globe and Mail Oct 3 2023:

On Sept. 21 and 22, chief executive officer Steve Hudson invested $1.2 million in shares of ECN Capital. He purchased a total of 500,000 shares at an average cost per share of approximately $2.40, increasing this particular account’s position to 12,249,219 shares.
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