Loblaw Companies (L)has notable insider net $ selling

Loblaw Companies (T:L) has notable insider net $ selling

Jeffrey Francis Leger, a Senior Officer, acquired 7,000 Common Shares on a direct ownership basis at a price of $59.000 through an exercise of options on March 24th, 2023. The insider also disposed 7,000 Common Shares on a direct ownership basis at a price of $116.300 through the public market on March 24th, 2023. This represents a $401,100 net divestment of the company's shares and an account share holdings change of 0%.

Loblaw Companies Limited is a Canada-based company that provides grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. Its segments include Retail and Financial Services. The Retail segment consists primarily of corporate and franchise-owned retail food and associate owned drug stores. It also includes in-store pharmacies and other health and beauty products, apparel and other general merchandise and supports the PC Optimum Program. The Financial Services segment provides credit card and everyday banking services, the PC Optimum program, insurance brokerage services and telecommunication services. It provides the PC Money, which is an everyday banking product that allows account holders to earn PC Optimum points by making payments. It also provides outpatient physiotherapy, massage therapy and other ancillary rehabilitation services in Canada. Its subsidiaries are Shoppers Drug Mart Inc. and Sanis Health Inc.