Extendicare (EXE) Director Buys C$76,900.00 in Stock

Extendicare (TSE:EXE) Director Timothy Louis Lukenda bought 10,000 shares of Extendicare stock in a transaction dated Thursday, May 17th. The stock was acquired at an average cost of C$7.69 per share, with a total value of C$76,900.00.

Extendicare traded down C$0.05, reaching C$7.65, during midday trading on Friday, Marketbeat reports. The company had a trading volume of 265,600 shares, compared to its average volume of 188,279. Extendicare has a 1-year low of C$7.37 and a 1-year high of C$10.45.

The business also recently declared a monthly dividend, which will be paid on Friday, June 15th. Investors of record on Thursday, May 31st will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend is Wednesday, May 30th.

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada reduced their target price on shares of Extendicare from C$9.75 to C$9.50 and set a “sector perform” rating for the company in a research report on Friday, March 2nd. TD Securities reduced their target price on shares of Extendicare from C$10.00 to C$9.50 and set a “hold” rating for the company in a research report on Friday, March 2nd. Finally, CIBC reduced their target price on shares of Extendicare from C$9.50 to C$8.50 in a research report on Monday, May 14th.

Extendicare Company Profile

Extendicare Inc provides care and services for seniors in Canada. The company offers long term care services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management and consulting services to third-party owners.

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