Off-market insider selling at Cogeco (CGO)

Off-market insider selling at Cogeco (T:CGO)

Rogers Communications Inc., a 10% Holder, disposed of 5,969,390 Subordinate Voting Shares actions subalternes à droit de vote on a direct ownership basis at a price of $46.910 through a private transaction on December 11th, 2023. This represents a $280,024,085 divestment of the company's shares and an account share holdings change of -100.0%.

Cogeco is in the Broadcasting Sub Industry Group under the Consumer Cyclicals Sector.

Cogeco Inc. is a diversified holding corporation which operates in the telecommunications and media sectors. The Company's subsidiary Cogeco Communications Inc. (Cogeco Communications) subsidiary is a telecommunications corporation operating through its business units Cogeco Connexion and Breezeline. Cogeco Communications provides Internet, video, and phone services in the provinces of Quebec and Ontario as well as in thirteen states in the United States. Through Cogeco Media, it owns and operates 21 radio stations primarily in the province of Quebec as well as a news agency. It operates through two segments: Canadian telecommunications and American telecommunications. The Canadian telecommunications activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American telecommunications activities are carried out by Breezeline. It offers a range of services, such as business services, phone services, video services, and Internet services.