Directors buying at AutoCanada (ACQ)

Directors buying at AutoCanada (T:ACQ)

Maryann Natalie Keller, a Director, acquired 6,500 Common Shares on a direct ownership basis at prices ranging from $8.110USD to $8.710USD between August 15th, 2018 and August 20th, 2018. The insider also acquired 3,000 Common Shares on a control or direction basis for registered holder Engred Kulland Chai at prices ranging from $8.090USD to $8.710USD between August 15th, 2018 and August 20th, 2018. This represents a $104,819 investment into the company's shares and an account share holdings change of greater than 100%.

Barry Lee James, a Director, acquired 10,000 Common Shares on a direct ownership basis at a price of $10.250 on August 14th, 2018. This represents a $102,500 investment into the company's shares and an account share holdings change of greater than 100%.

AutoCanada is in the Auto Vehicles, Parts & Service Retailers Sub Industry Group under the Consumer Cyclicals Sector.

AutoCanada Inc. (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products. The Company also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. The Company's business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 50 dealerships, including over 60 franchises. It also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products. AutoCanada Inc. (ACQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, two insiders have invested a total amount of $207,319.