Came across $BYD recently and thought this was a pretty interesting one to mention…. They just announced a new buyback that allows them to repurchase up to 10% of their public float through September 2027. Management and the board also said they believe the share price doesn’t always reflect the company’s underlying growth and cash-generating ability. What really caught my attention was a recent insider purchase of 7,900 shares worth roughly $997K on the public market on September 14th after the announcement on the 11th. The business is growing through some aquistions but there are definitely risks. Debt has increased from the acquisitions, interest costs are higher, and a lot of the growth depends on successfully integrating these businesses. I don’t own any shares and haven’t bought in just was interested in the news. Sources: https://finance.yahoo.com/markets/stocks/articles/boyd-group-services-inc-announces-110000639.html?utm_source Ceo.ca / $BYD
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