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Director buying at Fairfax India Holdings (T:FIH)

Updated Wednesday Nov 16, 2022 02:37 AM EDT

Benjamin P. Watsa, a Director, acquired 1,200 Subordinate Voting Shares on a direct ownership basis at a price of $10.000USD on November 7th, 2022. The insider also acquired 9,000 Subordinate Voting Shares on an indirect ownership basis for registered holder Marval Ltd. at prices ranging from $9.890USD to $10.000USD on November 7th, 2022. The insider also acquired 60 Subordinate Voting Shares on a control or direction basis for registered holder Ben Watsa - Personal at a price of $9.890USD on November 7th, 2022. The insider also acquired 1,250 Subordinate Voting Shares on a control or direction basis for registered holder RESP Account at prices ranging from $9.980USD to $10.000USD on November 7th, 2022. This represents a $154,968 investment into the company's shares and an account share holdings change of greater than 100%.

Fairfax India Holdings is in the Investment Holding Companies Sub Industry Group under the Financials Sector.

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes its investments either directly or through one of its wholly owned subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius) and FIH Private Investments Ltd (FIH Private). All the investments of the Company are managed by Hamblin Watsa Investment Counsel Ltd. Fairfax India Holdings Corporation (FIH) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $154,968.

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Go to Fairfax India Holdings Corporation (FIH)'s company page

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