Canadian Tire’s (CTC-A-T) Triangle Rewards loyalty program is associated with about 60 per cent of sales. Triangle appears to have been an important consideration when the retailer decided to keep 100 per cent ownership of Canadian Tire Financial Services following a strategic review completed December 6th. Meanwhile, over the past year, four directors or senior officers spent a total of $253,247 buying 1,800 Class A Non-Voting Shares in the public market at an average price of $140.69. Most recently on Dec. 20, Executive Vice-President and General Counsel Lisa Damiani bought 100 shares at $153.06.
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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.