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Stelco Holdings Inc (STLC.TO)

STLC.TO on Toronto Stock Exchange

14.92CAD
26 Jun 2019
Change (% chg)

$-0.17 (-1.13%)
Prev Close
$15.09
Open
$15.07
Day's High
$15.14
Day's Low
$14.86
Volume
109,663
Avg. Vol
197,185
52-wk High
$26.30
52-wk Low
$13.60

Latest Key Developments (Source: Significant Developments)

Stelco Reports Strong Fourth Quarter 2018 Results
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - Stelco Holdings Inc ::STELCO REPORTS STRONG FOURTH QUARTER 2018 RESULTS AND DECLARES SPECIAL CASH DIVIDEND OF $100 MILLION.Q4 REVENUE ROSE 43 PERCENT TO C$648 MILLION.BOARD OF DIRECTORS APPOINTED DAVID CHENEY TO THE POSITION OF CHIEF EXECUTIVE OFFICER OF THE COMPANY EFFECTIVE FEBRUARY 20, 2019.ALAN KESTENBAUM WILL CONTINUE IN HIS ROLE AS EXECUTIVE CHAIRMAN.QTRLY NET INCOME PER SHARE C$1.23.QTRLY ADJUSTED NET INCOME PER SHARE C$1.13.Q4 2018 STEEL SHIPPING VOLUMES OF 673,000 NET TONS, UP 14% COMPARED TO Q4 2017.AVERAGE SELLING PRICE OF STEEL PRODUCTS INCREASED FROM $718/NT IN Q4 2017 TO $917/NT IN Q4 2018.APPROVED PAYMENT OF A SPECIAL CASH DIVIDEND OF $1.13 PER SHARE.Q4 EARNINGS PER SHARE VIEW C$1.36, REVENUE VIEW C$667.1 MILLION -- REFINITIV IBES DATA.  Full Article

Fairfax Announces Acquisition Of Shares Of Stelco
Monday, 19 Nov 2018 

Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES ACQUISITION OF SHARES OF STELCO.FAIRFAX FINANCIAL HOLDINGS LTD - DEAL FOR C$20.50 PER COMMON SHARE.FAIRFAX FINANCIAL HOLDINGS LTD - ACQUISITION REPRESENTS FAIRFAX'S ENTIRE INTEREST IN STELCO.FAIRFAX FINANCIAL HOLDINGS LTD - HAS ACQUIRED A TOTAL OF 12.2 MILLION COMMON SHARES OF STELCO HOLDINGS INC.  Full Article

Stelco Holdings Announces TSX Approval Of Normal Course Issuer Bid
Saturday, 17 Nov 2018 

Stelco Holdings Inc ::STELCO HOLDINGS ANNOUNCES TSX APPROVAL OF NORMAL COURSE ISSUER BID.STELCO HOLDINGS INC - STELCO INTENDS TO PURCHASE UP TO 4,440,681 COMMON SHARES PURSUANT TO BID..STELCO HOLDINGS INC - BID WILL COMMENCE ON NOVEMBER 21, 2018 AND END ON NOVEMBER 20, 2019.  Full Article

Stelco Holdings Announces Secondary Equity Offering
Wednesday, 5 Sep 2018 

Sept 4 (Reuters) - Stelco Holdings Inc ::STELCO HOLDINGS INC ANNOUNCES SECONDARY EQUITY OFFERING.SAYS SECONDARY OFFERING 8.00 MILLION COMMON SHARES.STELCO HOLDINGS - FOLLOWING CLOSING OF OFFERING, BEDROCK WILL HOLD ABOUT 64.5% OF CO'S COMMON SHARES.  Full Article

Stelco Reports Fourth Quarter And Full Year 2017 Results
Thursday, 22 Feb 2018 

Feb 21 (Reuters) - Stelco Holdings Inc ::STELCO REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.‍Q4 2017 REVENUE OF $452 MILLION A 45% INCREASE YEAR-OVER-YEAR​.‍Q4 2017 ADJUSTED EBITDA OF $69 MILLION A 245% INCREASE YEAR-OVER-YEAR​.QTRLY ‍NET INCOME $16 MILLION IN Q4 OF 2017​.  Full Article

Stelco Holdings ‍prices IPO of 11.8 mln shares at $17 per common share​
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Stelco Holdings Inc ::Stelco Holdings Inc. Announces pricing of initial public offering.‍prices its initial public offering of 11.8 million common shares at a price of $17.00 per common share​.  Full Article