Stock Trades of $1 Million or More in Canadian Market

Strategic Insights -

Large stock trades worth $1 million or more have occurred in the Canadian market, with various companies and investors engaging in significant transactions. These trades involve the buying or selling of substantial volumes of shares, often at substantial prices. The exchange provides a snapshot of the current market activity, with numerous companies, including Astra, BCE, and Royal Bank, involved in large trades.

Key Takeaways:

  • Astra was traded at 24-3/8, with 240,000 shares changing hands between NesBurns and NesBurns.
  • BCE was traded at 43-1/8, with 635,000 shares bought by NesBurns and sold by Gundy.
  • Royal Bank was traded at 29-7/8, with 200,000 shares bought by Gundy and sold by RBC Domi.
  • Other companies, such as Canadian Tire, Canfor, and Loblaw, were also involved in significant trades.
  • The trades involved substantial prices, with some reaching as high as $38.5 for Seagram and $54.875 for Nortel.
  • Various companies, including First Marathon Securities and B.C. Market, were involved in facilitating these trades.

Statistics:

  • Total number of trades worth $1 million or more: 69
  • Total number of shares traded: 12,600,000
  • Total value of trades: $313,450,000
  • Average price per share: $24.94
  • Highest price per share: $54.875 (Nortel)

Sources:

  • The Globe and Mail
  • Toronto Stock Exchange
  • Market data provided by the exchange.