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Option-related selling at Industrial Alliance Insurance (T:IAG)

Updated Wednesday Jun 28, 2017 01:43 AM EDT

Normand Pépin, a Senior Officer, exercised Options and disposed of 104,000 Common Shares on a direct ownership basis at prices ranging from $54.000 to $54.500 between June 23rd and 27th, 2017. This represents a $5,642,000 divestment of the company's shares and an account share holdings change of -38.2%.

In addition, Michael Lee Stickney, a Senior Officer, also exercised Options and sold 7,000 Common Shares on a direct ownership basis at prices ranging from $53.800 to $53.900 between June 23rd and 26th, 2017. This represents a $377,025 divestment of the company's shares and an account share holdings change of -39.1%.


Industrial Alliance is in the Life & Health Insurance Sub Industry Group under the Financials Sector.

Industrial Alliance Insurance and Financial Services Inc. is a Canada-based company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company's segments include Individual Insurance, which includes life, health, disability and mortgage insurance products; Individual Wealth Management, which includes individual products and services for savings plans, retirement funds and segregated funds, as well as securities brokerage, trust operations and mutual funds; Group Insurance, which includes life, health, accidental death and dismemberment, creditor insurance, replacement warranties and extended warranties, and specialized products for special markets solutions; Group Savings and Retirement, which includes retirement funds and segregated funds, and Other, which includes auto and home insurance products, asset management and financing.

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Go to iA Financial Corporation Inc. (IAG)'s company page

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