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$FTN.TO

3 stories mentioning FTN.TOUpdated 1d ago

Every FINWIRES story that references FTN.TO, newest first.

Mining & Metals

Financial 15 Split Corp. To Undertake Offering of Preferred Shares

Financial 15 Split Corp. (FTN.TO) will undertake an offering of preferred shares (TSX: FTN.PR.A) of the company, it said Tuesday, adding the offering will be led by National Bank Financial Inc.The preferred shares will be offered at a price of $10.78 each, FTN said, while noting the closing price on the TSX of the preferred shares on June 15, 2026 was $10.84.The net proceeds of the offering will be used by the company to invest in an actively managed, high-quality portfolio primarily consisting of financial services companies made up of Canadian and U.S. issuers, it added.FTN was last seen up $0.17 or 1.5% at $11.21.Price: $11.21, Change: $+0.17, Percent Change: +1.54%

$FTN.TO
Mining & Metals

Financial 15 Split Announces TSX Acceptance for Its Normal Course Issuer Bid

Financial 15 Split (FTN.TO) on Monday said it received exchange approval to launch a normal course issuer bid to buy back up and cancel up to 10% of its preferred shares and class A shares.The NCIB allows the company to purchase, up to 7.06 million preferred shares and 7.06-million class A shares.The NCIB will begin on June 3 and run for 12 months.Under the previous normal course issuer expiring Monday no preferred shares were purchased and 1.59-million class A share purchases were made, stated the company.The company's shares were last seen down $0.08 to $10.57 on the Toronto Stock Exchange.Price: $10.57, Change: $-0.08, Percent Change: -0.75%

$FTN.TO
Mining & Metals

Financial 15 Split Announces 10-for-100 Class A Share Split

Financial 15 Split (FTN.TO) after trade Tuesday said it plans to carry out a stock split of its Class A shares following strong performance, subject to approval from the Toronto Stock Exchange.Shareholders on record as of May 19 will receive 10 additional Class A shares for every 100 shares they own, increasing their total share count by about 10%, the company added.The company said shareholders will continue receiving monthly cash distributions of $0.12570 per Class A share after the split. Trading on a split-adjusted basis is set to begin on May 19. The stock split will not be a taxable event.

$FTN.TO

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