Insider Buying: Transcontinental (TSE:TCL) Director Purchases 1,150 Shares of Stock

Transcontinental (TSE:TCL) Director Yves Leduc acquired 1,150 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was acquired at an average price of C$17.33 per share, with a total value of C$19,929.50.

Transcontinental Stock Performance

Transcontinental has a twelve month low of C$23.27 and a twelve month high of C$31.95.

Transcontinental (TSE:TCL) last issued its earnings results on Wednesday, September 11th. The company reported C$0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.56 by C$0.04. The company had revenue of C$700.00 million during the quarter, compared to analysts’ expectations of C$692.00 million.

Transcontinental Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 21st. Investors of record on Thursday, October 3rd will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 3rd.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.