Marc Liu Blog | MIC's management company expands their share purchase program | Talkmarkets
President, Capitol Isle Partners

Marc Liu is currently the CEO of Capitol Isle Partners LLC a media consulting business focusing on corporate restructuring and new business development. He is a partner in Information Central, a newsletter content provider and web marketing company. He also serves as a Senior Advisor to Goldmark ... more

MIC's management company expands their share purchase program

Date: Monday, June 11, 2018 12:01 PM EDT

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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