CanWel Building Materials (CWX) has notable insider buying

CanWel Building Materials (T:CWX)

Amar Doman, CEO and Director, acquired 330,000 Common Shares on an indirect ownership basis for registered holder The Futura Corporation at prices ranging from $4.370 and $4.407 through the public market on December 14th, 2018. This represents a $1,444,697 investment into the company's shares and an account share holdings change of 2.5%.

Rupinder (Rob) Singh Doman, a Senior Officer, acquired 7,500 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $4.310 through the public market on December 17th, 2018. This represents a $32,325 investment into the company's shares and an account share holdings change of 39.8%.

CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns. It also operates approximately seven wood preservation plants that produce wood products. Through its distribution warehouses, it provides a range of building products to dealer/lumberyard and home improvement centers. It carries a line of structural, exterior, interior and specialty products. Its CanWel Building Solutions offer design services. Builders and homeowners use the Company's products primarily in new construction, repair and remodeling.