Insider Buying: Pollard Banknote Ltd (PBL) Insider Acquires 5,000 Shares of Stock

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Pollard Banknote Ltd (TSE:PBL) insider Robert Brock Young bought 5,000 shares of the firm’s stock in a transaction on Wednesday, October 17th. The shares were purchased at an average price of C$23.00 per share, for a total transaction of C$115,000.00.

Shares of TSE:PBL traded down C$0.07 on Wednesday, hitting C$23.00. The company had a trading volume of 11,000 shares, compared to its average volume of 11,468. Pollard Banknote Ltd has a 52-week low of C$13.50 and a 52-week high of C$25.70.

Pollard Banknote (TSE:PBL) last issued its quarterly earnings data on Wednesday, August 8th. The company reported C$0.20 earnings per share (EPS) for the quarter. Pollard Banknote had a return on equity of 32.94% and a net margin of 6.55%. The business had revenue of C$86.83 million for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Sunday, September 30th were given a $0.03 dividend. The ex-dividend date was Thursday, September 27th. This represents a $0.12 annualized dividend and a dividend yield of 0.52%.

Separately, Cormark boosted their target price on Pollard Banknote from C$25.00 to C$27.00 in a research report on Thursday, September 27th.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, provides lottery and charitable gaming products and services worldwide. The company offers instant tickets and lottery services, including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, interactive gaming, Social Instants, retail management services, and vending machines, including charitable game systems and tickets under the brand name of Diamond Game.

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