Huge share buyback 1,320,301 @ $8.75 Got in for a small position last week at the exact same price as Canam re purchase of a big block.
I may be early on this one but i think this punishment is over done.
Nice to see that they are buying well below book value.
Hopefully, they get their act together of big project bidding.
Nelson
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | Volume or Value | Price |
Nov 4/16 | Nov 3/16 | Groupe Canam Inc. | Direct Ownership | Common Shares | 38 - Redemption, retraction, cancellation, repurchase | -1,345,101 | |
Nov 2/16 | Oct 31/16 | Groupe Canam Inc. | Direct Ownership | Common Shares | 38 - Redemption, retraction, cancellation, repurchase | 1,320,301 | $8.75 |
Nov 1/16 | Oct 31/16 | Groupe Canam Inc. | Direct Ownership | Common Shares | 38 - Redemption, retraction, cancellation, repurchase | 24,800 | $8.68 |