Insider Buying Listed below are dividend stocks that have had recent buying activity reported by issuers.
CI Financial Corp.
Between June 3-25 the company repurchased over 2.7-million shares at an average price per share of approximately $22.31 under its normal course issuer bid (NCIB), returning over $60-million to its shareholders.
During the first quarter ended March 31, the company repurchased 6.6-million shares at a total cost of $112.7-million. The company was also actively repurchasing shares in April and May.
Element Fleet Management Corp.
Between June 1-30, the company repurchased over 5.4-million shares at an average price per share of approximately $13.88. Last month, through its NCIB, the company returned nearly $75-million to its shareholders.
Mullen Group Ltd.
Between June 1 and July 14, the company repurchased over 554,400 shares at an average cost per share of roughly $12.95 under its NCIB, returning over $7-million to its shareholders.