financetom
Business
financetom
/
Business
/
BMO Nesbitt Burns Reduces Stake in High Liner Foods to 8%, Raising $10.9 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BMO Nesbitt Burns Reduces Stake in High Liner Foods to 8%, Raising $10.9 Million
Oct 11, 2024 4:14 AM

06:48 AM EDT, 10/11/2024 (MT Newswires) -- BMO Nesbitt Burns (BMO.TO, BMO) late on Thursday said it sold about 2.7% of High Liner Foods ( HLNFF ) at $13.60 per share, raising $10.9 million.

Following the sale, BMO owns about 8% of High Liner's outstanding shares. BMO is no longer subject to the early warning reporting requirements as it has fallen below the 10% reporting threshold.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canacol Energy not in talks with Ecopetrol over gas reserves -chief executive
Canacol Energy not in talks with Ecopetrol over gas reserves -chief executive
May 10, 2024
BOGOTA May 10 (Reuters) - Canada's Canacol Energy ( CNNEF ) has not had any discussion with Colombia's majority state-owned oil company Ecopetrol regarding a transaction over its gas reserves in the Andean country, Chief Executive Charle Gamba said on Friday. Gamba was referring to comments made earlier this week by Ecopetrol's CEO Ricardo Roa, who said the Colombian company...
Flux Power Shares Decline After Fiscal Q3 Results Miss Estimates
Flux Power Shares Decline After Fiscal Q3 Results Miss Estimates
May 10, 2024
02:07 PM EDT, 05/10/2024 (MT Newswires) -- Flux Power Holdings ( FLUX ) shares were down 25.5% in recent trading Friday, a day after the company reported its fiscal Q3 results below consensus. The company reported a fiscal Q3 loss of $0.16 per diluted share, widening from a loss of $0.09 a year earlier. Analysts polled by Capital IQ expected...
Hanesbrands Likely to See Improved Sentiment After Q1 Financial Results, UBS Says
Hanesbrands Likely to See Improved Sentiment After Q1 Financial Results, UBS Says
May 10, 2024
02:02 PM EDT, 05/10/2024 (MT Newswires) -- Hanesbrands' ( HBI ) Q1 financial results would likely result in improved sentiment, UBS Securities said Thursday in a report. The firm cited three data points cited by Hanesbrands ( HBI ) that are likely pushing sentiment moderately higher, including the US innerwear business gaining 50 basis points of market share, the innerwear...
CT REIT Credit Ratings Confirmed at DBRS
CT REIT Credit Ratings Confirmed at DBRS
May 10, 2024
02:04 PM EDT, 05/10/2024 (MT Newswires) -- Morningstar DBRS on Thursday confirmed CT Real Estate Investment Trust's (CRT-UN.TO) senior unsecured debentures credit rating and CT REIT Limited Partnership's issuer rating at BBB. Both trends are stable. The credit ratings reflect CT REIT's risk profile and the credit ratings are aligned with those of Canadian Tire (CTC.TO), mainly because CTC effectively...
Copyright 2023-2026 - www.financetom.com All Rights Reserved