Canadian tech firm Constellation Software's COO Mark Miller sold $102.6m shares in June ahead of a capital-gains tax increase.

Canadian tech firm Constellation Software Inc. experienced a surge in insider selling in June, driven by COO Mark Miller selling $102.6m (US$75m) of shares ahead of an increase in Canada's capital-gains tax. Miller sold 27,000 shares in three transactions, his first dispositions since 2019. Constellation's stock has risen 220% since the end of 2019, compared to a 28% advance for the S&P/TSX Composite Index.

July 02, 2024
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