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Shaw family continues to buy shares in Shaw Communications

Jeff McIntosh/THE CANADIAN PRESS

The Shaw family continues to hike its stake in Shaw Communications Inc. We highlighted Shaw family buying last May when board chair JR Shaw was snapping up non-voting Class B shares under $20. Although the share price is more expensive now, the elder Shaw has been buying again, along with CEO son Bradley. Between Jan. 16 and Jan. 18, they bought a total of 750,000 non-voting shares in the public market. The non-voting shares hit a five-year high of $24.20 in 2008.

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.

Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.

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