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CanWel Building Materials (T:CWX) has notable insider buying

Updated Thursday Apr 20, 2017 01:35 AM EDT

CanWel Building Materials Group Ltd. (CWX) has a high amount of executive buying compared to its small-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $79,300.

Thomas Gerard Donaldson, a Director, acquired 3,000 Common Shares on a direct ownership basis at a price of $6.100 through a prospectus or prospectus exempt offering on April 18th, 2017. This represents a $18,300 investment into the company's shares and an account share holdings change of 3.4%.

Sam Fleiser, a Director, acquired 10,000 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $6.100 through a prospectus or prospectus exempt offering on April 18th, 2017. This represents a $61,000 investment into the company's shares and an account share holdings change of 20.8%.

CanWel Building Materials is in the Construction Supplies & Fixtures Sub Industry Group under the Consumer Cyclicals Sector.

CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns. It also operates approximately seven wood preservation plants that produce wood products. Through its distribution warehouses, it provides a range of building products to dealer/lumberyard and home improvement centers. It carries a line of structural, exterior, interior and specialty products. Its CanWel Building Solutions offer design services. Builders and homeowners use the Company's products primarily in new construction, repair and remodeling.

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Go to CanWel Building Materials Group Ltd. (CWX)'s company page

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