No matching results for ''
Tip: Try a valid symbol or a specific company name for relevant results
Canada Markets close in 4 hrs 23 mins
CMC Crypto 200
MARKETS LIVE BLOG
STOCKS TRADE HIGHER AFTER MORE EARNINGS TOP ESTIMATES
Bitcoin futures ETF debuts on the NYSE, becoming the first to hit a U.S. public exchange
Alimentation Couche-Tard Inc. (ATD-B.TO)
Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
As of 11:37AM EDT. Market open.
1,424 reactions on $ATD-B.TO conversation
Sign in to post a message.
Peter Sklar adds that there may also be fears that rising crude prices could squeeze gasoline margins. “I don't believe that the high price of crude will significantly affect margins and the most recent data shows that margins remain healthy. "
$57 year end; Overreaction due to high cost of Crude.
I'm so happy with this dip!!!! I get to buy back cheaper....this company is buying back shares and making my slice of the pie bigger....paper hands everyone. This is how you win....you buy now, not at 52 week highs
Assuming this morning's announcement regarding the repurchase of 6.3M shares is related to recent insider selling. ATD continues to aggressively remove shares from their public float. Been at it hard since the Carrefour deal collapse.
Why are ATD’s stock prices going down? When the price of oil goes up, the margins on gasoline sales go down.
Huge amount of insider selling at low prices:
On Sept. 23 and 24, co-founder and director Jacques D’Amours sold a total of 3,411,988 class A shares at an average price per share of approximately $48, trimming this account’s position to 12,301,872 shares.
On Sept. 23 and 24, director Réal Plourde divested a total of 1,201,183 class B shares at an average price per share of roughly $48, leaving 7,735,917 shares in this account.
On Sept. 23 and 24, co-founder and director Richard Fortin sold a total of 1,799,911 class B shares at an average price per share of approximately $48 for two accounts, eliminating the positions in both of these accounts.
More insider selling of Class B shares:
On Oct. 8, founder and executive chairman of the board Alain Bouchard sold 6,351,895 class B shares at a price per share of $47.23 for an account in which he has indirect ownership (Les Développements Orano Inc.), reducing this specific account’s holdings to 5,512,974 shares.
At the opening, mind you on a very low volume, the market thinks it is not good news. The reality is that reducing the float at a lower-than-market price is always good. Go figure!
The 15 P/E is incredible. TSX is 24.
How do we all feel about the elimination of the A shares at the end of the year? 🤔
Sold at 48.83, locked in a 33% gain in under a year. Good company, will buy back if it drops to low $40 range...out for now. Good luck to you all.
Mmmm okay. I’ll average up at these prices
At this point i dont know if its a good buy
end of November back to 52, institutional investors having their way with retail investors, like stealing candy from a baby
With the price of gas ATD is going to crush earnings.
What do couchetard share holders think of the ownership in fire and flower cannabis retailer and it’s co located stores? It was announced today that they will be opening more collocated stores
Tough to see this dip as low as it's been going - wish I would have waited to double my position but you can't time the market ! Still up overall, just hope this picks up some steam heading into the last 3 months of the year.
Seb Malo Reuters
Richard Fortin 1,8 M of shares X 48 $
Jacques D'amour : 3,411 M of share X 48 $
Real Plourde : 1,2 M of Share X 48 $
total : 308 M of $$
My slice of the pie just got bigger. Gotta love buybacks! Their EPS is going to explode
Volume needs to pickup.
Air Canada, WestJet facing new competition, thanks to COVID-19
Yahoo Finance Canada
Toronto mansion from Schitt's Creek for sale at $21.8 million
Yahoo Finance Canada
Bitcoin Futures ETF Opens With Gain and Explosive Trading Volume
© 2021 Verizon Media. All rights reserved.
About Our Ads