Today, we revisit INK Canadian Insider Index member Empire Company Ltd. which we last featured in early August, 2017. The share price went on to set a 52-week high of $27.08 on July 10. While the stock is off that high, it remains up more than 20 per cent during the past 12 months. On June 28, Empire reported net earnings per share for the most recent quarter of 26 cents, versus 11 cents the year before. Following the results, chief executive officer Michael Medline was back buying, picking up 9,400 Class A Non-Voting Shares at $26.50.
Disclaimer: Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Graph Footnote: Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
Ted Dixon