10% holder net buying at Rogers Communications (RCI)

10% holder net buying at Rogers Communications (T:RCI)

Rogers Control Trust, a 10% Holder, acquired 106,128 Non-Voting Shares Class B on a control or direction basis for registered holder 1998 Holdings ULC at a price of $70.670 through a private transaction on November 30th, 2018. The insider also disposed of 106,128 Non-Voting Shares Class B on a control or direction basis for registered holder Rogers Enterprises (2015) Inc. at a price of $70.670 through a private transaction on November 30th, 2018. The insider also acquired 106,128 Non-Voting Shares Class B on a control or direction basis for registered holder Rogers Holdings (2016) Inc. at a price of $70.670 through a private transaction on November 30th, 2018. This represents a $7,500,066 net investment into the company's shares and an account share holdings change of 1.4%.

Rogers Communications is in the Wireless Telecommunications Services Sub Industry Group under the Telecommunication Services Sector.

Rogers Communications Inc. is a communications and media company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. Its segments include Wireless, Cable, Business Solutions and Media. The Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses. The Cable segment include cable telecommunications operations, including Internet, television and telephony (phone) services for Canadian consumers and businesses. The Business Solutions segment is engaged in network connectivity through its fiber network and data center assets to support a range of voice, data, networking, hosting, and cloud-based services for the enterprise, public sector and carrier wholesale markets. The Media segment has a portfolio of media properties, including sports media and entertainment, multi-platform shopping, digital media and publishing.