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.

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.