Canadian Tire (CTC) has notable insider buying

Canadian Tire (T:CTC) has notable insider buying

Steve Frazier, a Director, acquired 400 Non-Voting Shares Class A on a direct ownership basis at a price of US$103.725 through the public market on February 21st, 2024. This represents a $56,061 investment into the company's shares and an account share holdings change of 10.0%.

Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. The Company operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a range of banners, including Canadian Tire, Canadian Tire Gas, Mark's, PartSource, Helly Hansen, Party City in Canada and various SportChek banners. The Financial Services segment issues Canadian Tire's Triangle branded credit cards, including Triangle Mastercard, Triangle World Mastercard and Triangle World Elite Mastercard. Financial Services also offers Cash Advantage Mastercard and Gas Advantage Mastercard products and provides settlement services to the Company's affiliates. CT REIT is a closed-end real estate investment trust and holds a geographically diversified portfolio of properties, mainly comprising Canadian Tire banner stores, Canadian Tire-anchored retail developments, mixed-use commercial property, and industrial properties.