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CI Financial Corp T.CIX

Alternate Symbol(s):  CIXXF

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.


TSX:CIX - Post by User

Post by zack50on Jan 25, 2023 6:28am
330 Views
Post# 35244415

Holland continues to buy...

Holland continues to buy...

Between Jan. 19-23, chair of the board of directors Bill Holland bought a total of 105,800 shares at an average price per share of approximately $15.50 for an account in which he has indirect ownership (WH Corp.), increasing this particular account’s position to 1,937,100 shares. The cost of these purchases exceeded $1.6-million.

On Dec. 16, Mr. Holland bought 77,600 shares at a price per share of $13.4449. The cost of this purchase totaled more than $1-million.

Mr. Holland is CI’s former chief executive officer.

The company pays its shareholders a quarterly dividend of 18 cents per share or 72 cents per share yearly, equating to a current annualized yield of 4.6 per cent.

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