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AutoCanada Inc (ACQ.TO)

ACQ.TO on Toronto Stock Exchange

11.12CAD
16 Nov 2018
Change (% chg)

$0.24 (+2.21%)
Prev Close
$10.88
Open
$10.84
Day's High
$11.43
Day's Low
$10.77
Volume
200,684
Avg. Vol
288,495
52-wk High
$24.98
52-wk Low
$8.36

Latest Key Developments (Source: Significant Developments)

AutoCanada Qtrly Adjusted Loss Per Share $0.02
Friday, 9 Nov 2018 

Nov 8 (Reuters) - AutoCanada Inc ::AUTOCANADA REPORTS 2018 THIRD QUARTER RESULTS.Q3 REVENUE C$866.9 MILLION VERSUS I/B/E/S VIEW C$844.2 MILLION.Q3 SAME STORE SALES FELL 3 PERCENT.QTRLY ADJUSTED LOSS PER SHARE $0.02.AUTOCANADA- TO ENTER INTO SALE-LEASEBACK TRANSACTIONS IN RESPECT OF CERTAIN OF ITS DEALERSHIP PROPERTIES, FOR PURCHASE PRICE OF UP TO $50 MILLION IN Q4 2018.  Full Article

Automotive Properties REIT Announces Acquisition Of Two Dealership Properties From Autocanada And $55 Mln Equity Offering
Wednesday, 26 Sep 2018 

Sept 25 (Reuters) - Automotive Properties Real Estate Investment Trust ::AUTOMOTIVE PROPERTIES REIT ANNOUNCES ACQUISITION OF TWO DEALERSHIP PROPERTIES FROM AUTOCANADA AND $55 MILLION EQUITY OFFERING.AUTOMOTIVE PROPERTIES REIT - ALSO ENTERED INTO AN AGREEMENT TO SELL 5.1 MILLION UNITS ON A BOUGHT DEAL BASIS AT A PRICE OF $10.80 PER UNIT.AUTOMOTIVE - ADDITIONS OF BMW LAVAL PROPERTY & SHERWOOD PARK VW PROPERTY ARE EXPECTED TO BE MODERATELY ACCRETIVE TO CO'S RUN-RATE AFFO/UNIT ON LEVERAGE-NEUTRAL BASIS.AUTOMOTIVE - EXPECTS TO FINANCE DEAL THROUGH EXISTING REVOLVING CREDIT FACILITIES; REVOLVING CREDIT FACILITY TO BE PUT IN PLACE IN CONJUNCTION WITH DEAL.  Full Article

Autocanada Announces Acquisition Of Mercedes-Benz Heritage Valley In Edmonton
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - AutoCanada Inc ::AUTOCANADA ANNOUNCES ACQUISITION OF MERCEDES-BENZ HERITAGE VALLEY IN EDMONTON.  Full Article

AutoCanada Says Raj Juneja Appointed Chief Financial Officer
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - AutoCanada Inc ::AUTOCANADA ANNOUNCES EXECUTIVE APPOINTMENTS.RAJ JUNEJA HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER.MICHAEL CUNNINGHAM HAS BEEN APPOINTED AS VICE-PRESIDENT, FINANCE AND CHIEF FINANCIAL OFFICER, UNITED STATES.PETER HONG HAS BEEN APPOINTED AS CHIEF STRATEGY OFFICER AND GENERAL COUNSEL.  Full Article

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