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Two Officers buying at AltaGas Canada (:ACI)

Updated Monday Apr 08, 2019 02:31 AM EDT

Shaun William Toivanen, a Senior Officer, acquired 16,525 Common Shares on a direct ownership basis at prices ranging from $17.980 to $18.120 between April 4th and 5th, 2019. The insider also acquired 775 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $17.890 on April 4th, 2019. This represents a $311,800 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Leigh Ann Shoji-Lee, a Senior Officer, acquired 5,600 Common Shares on a direct ownership basis at a price of $17.960 on April 4th, 2019. This represents a $100,576 investment into the company's shares and an account share holdings change of 78.1%.

AltaGas Canada is in the Natural Gas Utilities Sub Industry Group under the Utilities Sector.

AltaGas Canada Inc is a Canada-based company engaged in natural gas exploration business sector. The Company is a diversified energy infrastructure business with a focus on owning and operating assets to provide clean energy to its customers. The Company's business consists of diversified rate-regulated natural gas distribution utility and contracted renewable power assets: PNG, which owns and operates a regulated natural gas distribution and transmission public utility within the west central portion of northern British Columbia; AUI, which delivers natural gas to residential, farm, and commercial and industrial consumers throughout Alberta; Heritage Gas, a natural gas distribution utility in Nova Scotia; Inuvik Gas and the Ikhil Joint Venture, which includes natural gas reserves, a processing facility, approximately 47 kilometers long pipeline, and the the Bear Mountain Wind Park, which is around 102 megawatts generating wind facility consisting more than 30 turbines. AltaGas Canada Inc. (ACI) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $412,376.

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