Insider Buying: Pason Systems Inc. (PSI) Insider Acquires 30,000 Shares of Stock
Pason Systems Inc. (TSE:PSI) insider Timur Kuru acquired 30,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was acquired at an average price of C$13.46 per share, with a total value of C$403,800.00.
Shares of Pason Systems Inc. (PSI) traded down C$0.21 during trading hours on Friday, reaching C$17.06. 233,441 shares of the company were exchanged, compared to its average volume of 124,945. Pason Systems Inc. has a 12-month low of C$16.65 and a 12-month high of C$22.36.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend is Thursday, December 14th. Pason Systems’s dividend payout ratio (DPR) is 485.71%.
TRADEMARK VIOLATION NOTICE: “Insider Buying: Pason Systems Inc. (PSI) Insider Acquires 30,000 Shares of Stock” was posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/12/15/insider-buying-pason-systems-inc-psi-insider-acquires-30000-shares-of-stock.html.
Pason Systems Company Profile
Pason Systems Inc is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company’s geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East.
Receive News & Ratings for Pason Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pason Systems and related companies with MarketBeat.com's FREE daily email newsletter.