Canadian Tire (CTC) has notable insider buying

Canadian Tire (T:CTC) has notable insider buying

James Robert Christie, a Senior Officer, acquired 1,000 Non-Voting Shares Class A on a direct ownership basis at a price of $157.990 through the public market on May 15th, 2017. This represents a $157,990 investment into the company's shares and an account share holdings change of 28.6%.

Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company's segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark's, and the various FGL Sports banners. CT REIT is engaged in owning, developing and leasing of income-producing commercial properties. It has a portfolio of properties, which consists of over 300 properties located across Canada totaling approximately 24.7 million square feet of gross leasable area. Financial Services markets a range of Canadian Tire-branded credit cards, including the Canadian Tire Options MasterCard, the Cash Advantage MasterCard and the Gas Advantage MasterCard. It also markets insurance and warranty products, processes credit card transactions for purchases made in Canadian Tire stores and Mark's stores as well as at Petroleum outlets, and offers financing options.