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Off-market insider buying at Savaria (T:SIS)

Updated Monday Sep 25, 2023 03:01 AM EDT

Marcel Bourassa, CEO, Director and 10% Holder, acquired 137,931 Common Shares on an indirect ownership basis for registered holder 9302-0071 at a price of $14.500 through a prospectus or prospectus exempt offering on September 22nd, 2023. This represents a $2,000,000 investment into the company's shares and an account share holdings change of 1.0%.

Jean-Marie Bourassa, a Director, acquired 34,482 Common Shares on an indirect ownership basis for registered holder 9099-1258 Québec Inc. at a price of $14.500 through a prospectus or prospectus exempt offering on September 22nd, 2023. This represents a $499,989 investment into the company's shares and an account share holdings change of greater than 100%.

Alexandre Bourassa, a Senior Officer, acquired 27,586 Common Shares on an indirect ownership basis for registered holder 9431-6353 Québec inc. at a price of $14.500 through a prospectus or prospectus exempt offering on September 22nd, 2023. This represents a $399,997 investment into the company's shares and an account share holdings change of greater than 100%.

Sebastien Bourassa, a Senior Officer and Director, acquired 27,586 Common Shares on an indirect ownership basis for registered holder Gestion Privee Sebastien Bourassa inc. at a price of $14.500 through a prospectus or prospectus exempt offering on September 22nd, 2023. This represents a $399,997 investment into the company's shares and an account share holdings change of greater than 100%.

Savaria is in the Heavy Electrical Equipment Sub Industry Group under the Industrials Sector.

Savaria Corporation is a Canada-based company in the accessibility industry, which provides solutions for the elderly and physically challenged. The Company's segments include Accessibility, Patient Care and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs a range of portfolio products, including straight and curved stairlifts, wheelchair platform lifts for both commercial and residential applications, commercial accessibility elevators and home elevators. The Patient Care segment designs and builds ceiling lift product line designed to safely move patients from wheelchair to bed or bath areas using an overhead hoist. The Adapted Vehicles segment serves the Canadian marketplace with both personal use and commercial use designs for wheelchair passengers and drivers. The Adapted Vehicles segment designs and builds lowered-floor wheelchair accessible conversions for brands of minivans.

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1 year ago
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Go to Savaria Corporation (SIS)'s company page

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