First Capital CEO
goes shopping
We return to the financial sector here, as buying in real estate stock First Capital Realty (closed yesterday at $19.06) has popped up on our screens. First Capital Realty develops and operates neighbourhood shopping malls, and lately CEO Dori Segal has been a stand-out shopper at the company.
Over the past 90 days, Mr. Segal has spent $420,000 acquiring shares. His most recent trades took place Sept. 14-15 when he purchased 7,500 shares at an average price of $18.86. In the past three months, controlling shareholder Gazit Canada Inc. acquired 22,424 shares at an average price of $16.60.
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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors about
Canadian markets. INK employees or directors may hold shares in investments profiled. Securities
referenced in this profile may have already appeared in recent reports distributed to INK Research clients
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