Posted at 7:00 a.m.
The chairman of the board of directors of the Laurentian Bank bought this week for half a million dollars of shares of the banking institution.
Mike Mueller bought 14,900 shares of the bank on Thursday. He paid a unit price of $33.43. It’s the first time he’s bought shares on the market since joining the board in 2018.
The action of the Laurentian touched a 52-week low in Toronto on Wednesday.
Elected to the bank’s board of directors in April last year, Suzanne Gouin has also just acquired her first shares. She bought a block of 1,000 shares on Thursday.
Louis Vachon bought in the middle of the week for nearly $200,000 in shares of MDA. The former CEO of National Bank bought 25,000 shares of the Ontario space technology provider on Wednesday. Louis Vachon had also purchased a total of 60,000 shares of MDA in August. He joined the board of directors of this company in the spring.
Melinda French Gates announced this week that she donated shares of the NC to a charity. At the end of this operation, it indicates that it no longer controls 10% of CN shares. It is therefore no longer required to inform the market of its next transactions on the title of the Montreal rail carrier unless its stake goes back above the 10% mark.
Melinda French Gates clarified on Tuesday that the number of CN shares she personally owns as well as the CN shares owned by the Bill & Melinda Gates Foundation now constitute a less than 10% ownership interest in CN. The Bill & Melinda Gates Foundation officially remains CN’s largest shareholder with a 7.9% stake.
BMO this week launched an official follow-up toAlithya without, however, recommending the purchase of the action of the Montreal company specializing in the digital transformation of organizations. In his initial research report, analyst Deepak Kaushal points out that the leaders have been able to generate growth so far, but he prefers to wait for certain financial measures to improve before suggesting the purchase of the stock.
A founder of Waterfalls has just bought more than $430,000 in shares of the Quebec paper company. Alain Lemaire bought a total of 50,000 shares during the September 2 trading session. He is executive chairman of the board of directors.
The share value of Goodfood Market this month slipped below $1 on the stock market for the first time in its history. At the current stock price, the Montreal online grocer is worth around 70 million.
An administrator ofUni-Select has just purchased nearly $75,000 worth of shares in the Boucherville auto parts supplier. Karen Laflamme bought a block of 2,000 shares on Tuesday. She has just joined the board of directors.
A member of the board of Richelieu Hardware has just purchased a little over $50,000 worth of shares in the Montreal hardware supplier. Luc Martin bought 1,500 shares on September 2 at a unit price of $34. He has been a director at Richelieu for two years.
The Quebec titles of Transat, Lassonde, Cogeco, Nuvei, Laurentian Bank, Lion, Velan and Market good food all reached a new 52-week low on the Toronto Stock Exchange this week. Conversely, Supremex reached its highest level in 52 weeks this week.