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Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset... see more

TSX:LBS - Post Discussion

Life & Banc Split Corp > Nice to see Insiders Buying....
View:
Post by tinkvid on Dec 21, 2023 8:26pm

Nice to see Insiders Buying....

the Prefered shares in the open market and via the treasury offering.

Life & Banc Split Corp.
Insider Name; Caranci, Mark A.
Relationship as filed with regulators4 - Director of Issuer,5 - Senior Officer of Issuer
Transaction ID4229315
Filing DateDec 21, 2023
Transaction DateDec 20, 2023
Security TypePreferred Shares
Transaction Nature10 - Acquisition or disposition in the public market
Ownership TypeIndirect Ownership
Registered Holder Eastglen Consulting Corp.
# or Value Acquired or Disposed of2,100
Unit Price or Exercise Price$9.820
Closing Balance70,000


Issuer NameLife & Banc Split Corp.
Insider Name: Caranci, Mark A.
Relationship as filed with regulators4 - Director of Issuer,5 - Senior Officer of Issuer
Transaction ID4229313
Filing DateDec 21, 2023
Transaction DateDec 20, 2023
Security TypePreferred Shares
Transaction Nature10 - Acquisition or disposition in the public market
Ownership TypeIndirect Ownership
Registered Holder Eastglen Consulting Corp.
# or Value Acquired or Disposed of7,900
Unit Price or Exercise Price$9.830
Closing Balance 67,900

Issuer NameLife & Banc Split Corp.
Insider Name Lau, Laura Wing-Sze
Relationship as filed with regulators5 - Senior Officer of Issuer
Transaction ID4201222
Filing DateOct 31, 2023
Transaction DateOct 31, 2023
Security Type Preferred Shares
Transaction Nature15 - Acquisition or disposition under a prospectus
Ownership TypeDirect Ownership
Registered Holder
# or Value Acquired or Disposed of30,000
Unit Price or Exercise Price$9.600
Closing Balance50,000
Comment by mouserman on Dec 22, 2023 1:22pm
And they are considerably underwater on those buys... even the insiders make some mistakes. Buying at $9.60 and now holding a 2 $ capital loss on the books.
Comment by Jack256 on Dec 29, 2023 4:03pm
They bought preferred shares not A shares!
Comment by NoShoesNoShirt on Dec 29, 2023 8:02pm
Thanks Jack.   This information is very significant, they must expect a rough year. 
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