First National CEO Smith buying big at Equitable Group (EQB)

First National CEO Smith buying big at Equitable Group (T:EQB)

Stephen Smith, a 10% Holder of Equitable Group, acquired 138,400 Common Shares on an indirect ownership basis for registered holder Mr. Smith's private holding company, First National Securities Corporation at prices ranging from $62.738 to $63.000 between April 17th and 18th, 2017. This represents a $8,706,105 investment into the company's shares and an account share holdings change of 4.6%.

Equitable Group is in the Consumer Lending Sub Industry Group under the Financials Sector.

Equitable Group Inc. is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands. Equitable Bank provides mortgage loans to a range of customers that include business-for-self borrowers, newcomers to Canada and commercial real estate investors. The Bank also provides Canadians with various saving options that offer security and attractive interest rates, including Guaranteed Investment Certificates (GICs), High Interest Savings Accounts (HISAs) and deposit notes. The Bank offers single family lending services, commercial lending services, securitization financing and deposit services.