MIC's management company expands their share purchase program

The management company just bought another 155,409 shares at $40.50 in the last 2 day. They just filed a 13D showing they now own 8,449,289 shares or 9.9% of MIC.

Since the dividend cut back in Feb 2018 and the attending price collapse, the Management company has bought 2,691,832 of MIC (thru 6/6/2018) with the first half of that number purchased around $38 and the second half purchased around $39.00. MIC closed today at $40.79 and I wouldn't be surprised if they file Form 4s for both 6/7 and 6/8. In Jan and Feb 2018, the Management company had been buying MIC at $65.

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