Exco Technologies (XTC) has notable insider buying

Exco Technologies (T:XTC)

Exco Technologies Limited (XTC) has a high amount of executive buying compared to its small-cap peers over the past three months. Edward Hume Kernaghan, a Director and 10% Holder executive, acquired 105,600 Common Shares on an indirect ownership basis for registered holder Kernwood Limited at prices ranging from $6.680 and $7.000 through the public market on June 5th, 2020. This represents a $726,237 investment into the company's shares and an account share holdings change of 1.7%.

Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company's segments include casting and extrusion, and automotive solutions. The casting and extrusion segment designs, develops and manufactures die-casting and extrusion tooling, and consumable parts for both aluminum die-casting and aluminum extrusion machines. The casting and extrusion segment operates in North America, South America and Thailand, and serves automotive and industrial markets. The automotive solutions segment designs, develops and manufactures automotive interior trim components and assemblies for passenger and light truck vehicles. The automotive solutions segment is engaged in Polytech and Polydesign businesses, which manufacture synthetic net and other cargo restraint products, injection-molded components, shift/brake boots, related console components and assemblies.