ECN Capital Corp ECNNF

Primary Symbol: T.ECN Alternate Symbol(s): ECNCF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

Financial Services

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It 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 (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.

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ECN Capital Corp > Hudson buying shares

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Post by Cheeky20on Oct 03, 2023 7:32am

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Hudson buying shares

As 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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