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Public market insider buying at CIBC (T:CM)

Updated Friday Mar 17, 2023 01:57 AM EDT

Victor George Dodig, CEO and Director, acquired 34,850 Common Shares on a direct ownership basis at a price of $57.650 on March 16th, 2023. This represents a $2,009,102 investment into the company's shares and an account share holdings change of 22.7%.

CIBC is in the Banks Sub Industry Group under the Financials Sector.

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company offers a full range of advice, solutions and services through its digital banking network across personal and business banking, commercial banking and wealth management, and capital markets businesses. Its personal banking offers products and services, including personal checking, health savings account, personal lending, EasyPath banking, personal savings, retirement, traditions club and mortgage. Its private wealth offers investment management, corporate and institutional services, wealth planning and trustee services and private banking. The Company's commercial banking includes commercial lending, capital markets, commercial real estate and treasury management. It also includes small business banking and agility digital banking. The Company has over 13 million personal banking, business, public sector and institutional clients. Canadian Imperial Bank of Commerce (CM) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $2,009,102.

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Go to Canadian Imperial Bank of Commerce (CM)'s company page

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