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AutoCanada Inc (ACQ.TO)

ACQ.TO on Toronto Stock Exchange

22.86CAD
19 Jan 2018
Change (% chg)

$-0.23 (-1.00%)
Prev Close
$23.09
Open
$23.10
Day's High
$23.15
Day's Low
$22.75
Volume
41,585
Avg. Vol
84,957
52-wk High
$27.90
52-wk Low
$17.46

Latest Key Developments (Source: Significant Developments)

Autocanada Reaches Agreements With GM Canada And Priestner
Friday, 8 Dec 2017 

Dec 7 (Reuters) - Autocanada Inc ::AUTOCANADA REACHES AGREEMENTS WITH GM CANADA AND PRIESTNER.AUTOCANADA INC - AUTOCANADA WILL RECEIVE A ONE-TIME NET PAYMENT OF APPROXIMATELY $23 MILLION FROM CANADAONE AUTO GROUP AS PART OF TRANSACTION.AUTOCANADA INC - ANNOUNCED TWO NEW AGREEMENTS WITH GM CANADA.AUTOCANADA INC - EXECUTED PUBLIC COMPANY MASTER AGREEMENT WITH GM CANADA THAT PERMITS AUTOCANADA'S DIRECT OWNERSHIP & CONTROL OF GM CANADA DEALERSHIPS.AUTOCANADA - UNDER NEWLY NEGOTIATED DEALS, 5 DEALERSHIPS WILL BECOME MAJORITY OWNED & CONTROLLED BY AUTOCANADA & REMAINING 4 BY CANADAONE AUTO GROUP.AUTOCANADA - UNDER TERMS OF PCMA, EACH GENERAL MANAGER IN AUTOCANADA/GM CANADA DEALERSHIP TO BE REQUIRED TO OWN MINORITY EQUITY POSITION IN DEALERSHIP.  Full Article

Autocanada Q3 adjusted eps C$0.50
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Autocanada Inc -:AUTOCANADA REPORTS THIRD QUARTER 2017 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$0.50.Q3 REVENUE C$834.6 MILLION VERSUS I/B/E/S VIEW C$806 MILLION.Q3 EARNINGS PER SHARE VIEW C$0.49 -- THOMSON REUTERS I/B/E/S.AUTOCANADA INC-QTRLY NEW VEHICLE SALES WERE 12,014, UP 9.4% FROM 2016‍​.AUTOCANADA INC-QTRLY USED VEHICLE SALES WERE 5,118, UP 2.9% FROM THE SAME QUARTER LAST YEAR.AUTOCANADA INC SAYS ON NOV 9, 2017, BOARD DECLARED QUARTERLY ELIGIBLE DIVIDEND OF $0.10 PER COMMON SHARE ON CO'S OUTSTANDING CLASS A COMMON SHARES‍​.  Full Article

AutoCanada says acquired its first Mazda dealership
Saturday, 14 Oct 2017 

Oct 13 (Reuters) - AutoCanada Inc -:AutoCanada acquires its first Mazda dealership; continues to expand Montréal presence.  Full Article

AutoCanada Inc says Thomas Orysiuk is resigning from his position as President
Friday, 17 Mar 2017 

Autocanada Inc : Autocanada Inc. Announces executive resignation . Orysiuk shall resign as president and director effective march 17, 2017 .Steven Landry shall assume role of president and chief executive officer.  Full Article

AutoCanada Inc posts Q2 earnings per share of $0.53
Friday, 5 Aug 2016 

AutoCanada Inc : AutoCanada Inc announces Q2, 2016 quarterly earnings per share of $0.53 . Q2 earnings per share c$0.53 . Q2 earnings per share view c$0.52 -- Thomson Reuters I/B/E/S . Q2 same store sales fell 3.2 percent . Revenue from existing and new dealerships increased by 3.1 pct to $842.3 million in Q2 .Same store revenue decreased by 3.2 pct in the second quarter of 2016, compared to the same quarter in 2015.  Full Article

AutoCanada Inc Declares Quarterly Dividend
Saturday, 20 Feb 2016 

AutoCanada Inc:Declared a quarterly eligible dividend of $0.25 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2016 to shareholders of record at the close of business on February 29, 2016.  Full Article

BRIEF-Autocanada Reaches Agreements With GM Canada And Priestner

* AUTOCANADA INC - AUTOCANADA WILL RECEIVE A ONE-TIME NET PAYMENT OF APPROXIMATELY $23 MILLION FROM CANADAONE AUTO GROUP AS PART OF TRANSACTION