CI Financial Corp T.CIX

He's at it again...

[zack50]

On April 14, chair of the board of directors Bill Holland bought 50,000 shares at a price per share of $18.3646 for an account in which he has indirect ownership (WH Corp.), increasing this particular account’s position to 1,375,000 shares. The cost of this purchase exceeded $918,000.

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 approximately 3.9 per cent.

[Shirtlessnomore]

Wow! Nice. Thanks for sharing. I bought some more today.

[Ronbromleygross]

Yeah the pullback since the recent $31 price high is more than enough already and overblown too.  The stock is trading at a pretty good cheap valuation when you factor in the acquisitions made over the last 18 months which are not yet realized by the market and the impact those will have on earnings when this current pullback ends and markets move back up like they always do.