ECN Capital Corp T.ECN

Alternate Symbol(s): ECNCF | ECNNF | 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.

TSX:ECN - Post by User

ECN Capital Corp

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Post by Cheeky20on Nov 24, 2023 8:34am

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Post# 35751211

Hudson Buying

This maybe a repost that snootchybootchy posted so apologies if it is. From the globe and mail Nov 24/23

Between Nov. 15-17, chief executive officer Steve Hudson invested over $1.5 million in shares of ECN. He bought a total of 750,000 shares at an average cost per share of approximately $2.09, increasing the holdings in this particular account to 12,999,219 shares.

Year-to-date, the share price is down 22 per cent.

The company pays its shareholders a quarterly dividend of 1 cent per share, equating to a current annualized yield of roughly 1.8 per cent.

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