INK Edge Highlights
Equitable Group (T:EQB) has notable insider buying
Chart shows all insider (exclusing issuers) public market transactions of directly and indirectly held equity securities as reported in SEDI
Published Tuesday Sep 20, 2016 12:00 AM EDT
Andrew Moor, CEO, acquired 20,000 Common Shares on a direct ownership basis at a price of $24.500 through an exercise of options on September 19th, 2016. This represents a $490,000 investment into the company's shares and an account share holdings change of 35.5%.Equitable Group Inc. is a financial services company that operates through its subsidiary, Equitable Bank (the Bank). The Bank provides mortgage loans to a range of customers that include business-for-self borrowers, newcomers to Canada and commercial real estate investors. It also provides savers with various saving options that offer security and competitive interest rates, including guaranteed investment certificates (GICs), high interest savings accounts (HISAs) and deposit notes. Its business lines include single family lending services, which include mortgages for owner-occupied and investment properties; commercial lending services, which include mortgages for commercial property; securitization financing services, which include insured mortgages on multi-unit and prime single family residential properties funded through securitization programs, and deposit services, which include safe and secure savings products. It serves retail and commercial customers across Canada.
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