A significant number of Trulieve (OTC:TCNNF) executives, including CEO Kim Rivers, CFO Alex D'Amico, president Steve White and Christine Hersey, executive director of investor relations bought up company shares. The list goes on to include another half-dozen company executives to reach a total of 31,650 shares. Rivers now owns just under 2.5 million shares, D'Amico acquired 1,500 shares and Trulieve's president Steve White bought 7,000 shares.
Most analysts agree that company stock buy backs create value for own shareholders. In this case, Trulieve seems to be demonstrating extreme confidence in the company.
