CI Financial (CIX) has notable insider buying

CI Financial (T:CIX)

William T. Holland, a Director, acquired 25,000 Common Shares on an indirect ownership basis for registered holder WH Corp. at a price of $13.605 through the public market on June 2nd, 2023. This represents a $340,132 investment into the company's shares and an account share holdings change of 1.2%.

Amit Muni, CFO, acquired 18,116 Common Shares on a direct ownership basis at a price of $12.953 through an exercise of rights on May 31st, 2023. This represents a $234,657 investment into the company's shares and an account share holdings change of 100.4%.

CI Financial Corp. is a Canada-based diversified global asset and wealth management company operating in Canada, the United States, and Australia. The Company is engaged in the business of management, marketing, distribution, and administration of investment products for Canadian investors as well as providing financial advice, tax, retirement, estate, and wealth planning services. The Company's Asset Management segment includes asset management business in Canada, which operates under the brand CI Global Asset Management in addition to its asset management business in Australia. The Canada Wealth Management segment includes its wealth management operations in Canada which operate under the brands Assante Wealth Management, CI Private Counsel, CI Investment Services, CI Direct Investing, and Aligned Capital. The U.S. Wealth Management segment comprises 23 wealth management businesses that operate under the brand CI Private Wealth.