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BCE Inc. (BCE $32.53)
- $32.53 P/E (TTM): 77.45X Cap: $29.98B
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Q: Four members of Bell Canada’s board of directors took advantage of the telecom giant’s stock drop to buy shares. CEO Mirko Bibic purchased shares worth just over $200,000, while Louis Vachon, former CEO of National Bank, acquired shares worth nearly $390,000. Calin Rovinescu, former CEO of Air Canada, invested close to $350,000, and Jennifer Tory, a former vice-president at RBC, over $170,000.. They must see future potential gains in the share price since the only reason to buy shares of a company is to make gains.

Asked by jean on November 25, 2024

5i Research Answer:

Certainly insiders buy for only one reason. However, it does not guarantee success. Once or...

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