Shaw Communications (SJR) has notable insider buying

Shaw Communications (T:SJR)

Bradley Shaw, CEO and Director, acquired 100,000 Non-Voting Shares Class "B" on an indirect ownership basis for registered holder BSS Family Holdings Ltd. at a price of $27.000 through the public market on January 19th, 2018. The insider also acquired 250,000 Non-Voting Shares Class "B" on an indirect ownership basis for registered holder S.P.L.H. FlexCo Ltd. at a price of $27.000 through the public market on January 19th, 2018. This represents a $9,450,000 investment into the company's shares and an account share holdings change of 29.2%.

Shaw Communications Inc. (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers. Its Business Network Services division offers data networking, Cable telecommunications, Satellite video and fleet tracking services to businesses and public sector entities. Its Business Infrastructure Services division offers data center colocation, cloud technology and managed information technology (IT) solutions to businesses. The Company offers wireless services for voice and data communications through its Wireless division. Its wireline services offer approximately 120 high definition (HD) channels and over 10,000 on-demand, pay-per-view and subscription movie and television programming titles.