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ECN Capital Corp (ECN.TO)

ECN.TO on Toronto Stock Exchange

3.85CAD
15 Dec 2017
Change (% chg)

$-0.02 (-0.52%)
Prev Close
$3.87
Open
$3.84
Day's High
$3.89
Day's Low
$3.79
Volume
1,813,620
Avg. Vol
1,086,101
52-wk High
$4.40
52-wk Low
$2.97

Latest Key Developments (Source: Significant Developments)

ECN Capital reports $0.03 in after tax adjusted EPS in Q3-2017
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - ECN Capital Corp ::ECN Capital reports $0.03 in after tax adjusted EPS in Q3-2017.ECN Capital qtrly ‍net financial income, net of interest expense & provision for credit losses, was $31.6 million versus $38.7 million​.ECN Capital Corp - ‍total earning assets owned and under management as at September 30, 2017 were $3.8 billion, versus $4.2 billion as at June 30, 2017​.  Full Article

ECN Capital to sell canadian commercial and vendor finance assets
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - ECN Capital Corp :ECN capital corp - to sell canadian commercial and vendor​ finance assets for cash proceeds of approximately c$900 million​ .ECN capital to sell canadian commercial and vendor finance assets.ECN capital-‍transaction will free up approximately c$180 million in equity capital for redeployment in furthering ongoing strategic plan​.ECN capital - ‍ entered into definitive agreement with canadian western bank to sell all of co's canadian commercial and vendor finance assets.  Full Article

ECN Capital to sell Canadian Commercial And Vendor Finance assets
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Ecn Capital Corp :ECN Capital to sell Canadian Commercial and Vendor Finance assets.ECN Capital Corp says ‍finance assets for cash proceeds of approximately c$900 million​.ECN Capital-‍transaction will free up approximately c$180 million in equity capital for redeployment in furthering of ECN Capital's ongoing strategic plan​.ECN Capital - ‍ entered into a definitive agreement with Canadian Western Bank to sell all of company's Canadian Commercial and Vendor Finance assets.  Full Article

ECN Capital enters agreement to buy Triad Financial Services
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - ECN Capital Corp ::ECN Capital - entered agreement to buy Triad Financial Services; ECN Capital will pay $100 million in cash for Triad.ECN Capital - on a pro forma basis, acquisition will be immediately accretive to adjusted earnings per share and return on equity to ECN.  Full Article

ECN Capital announces appointment of Grier Colter as CFO
Thursday, 16 Mar 2017 

Ecn Capital Corp : ECN Capital announces appointment of Grier Colter as chief financial officer and retirement of Michel Beland .Announced appointment of Grier Colter as chief financial officer, succeeding Michel Béland.  Full Article

Infor Acquisition Corp. Announces ECN Capital's Fair Market Value
Wednesday, 5 Oct 2016 

Infor Acquisition Corp :Element Financial board determined that aggregate fair market value of ECN Capital is $1.707 billion, or $4.41 per share of ECN Capital.  Full Article

ECN Capital says establishes dividend policy
Tuesday, 4 Oct 2016 

ECN Capital Corp : An initial dividend policy for ECN Capital based on an annual dividend of $0.04 per common share .ECN capital establishes dividend policy, receives investment grade ratings and affirms $4.41 per share fair market value.  Full Article