$PIC-A.TO

2 stories mentioning PIC-A.TOUpdated just now

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Premium Income Announces Class A Share Split

Premium Income (PIC-A.TO) Tuesday said it is planning to complete a share split of its class A shares.The class A shareholders on the close of business on June 29, 2026, will receive 20 additional class A shares for every 100 class A shares held, the company said.The share split is subject to Toronto Stock Exchange approval and the class A shares are expected to begin trading on an ex-split basis at the opening of trading on June 29."The impact of the Share Split will be reflected in the net asset value per Class A share as of July 9, 2026," it added.The company's shares were last seen down C$0.03 to C$12.05 on the Toronto Stock Exchange.Price: $12.00, Change: $-0.08, Percent Change: -0.66%

$PIC-A.TO

Mining & Metals40d ago

Premium Income Closes Overnight Offering of Preferred Shares

Premium Income (PIC-A.TO) completed its previously announced treasury offering of 2.1-million preferred shares for proceeds of $34.1 million, it said on Thursday.The preferred shares, which were offered at $16.36 apiece, pay fixed cumulative preferential monthly cash distributions in the amount of $0.10625 ($1.275 per annum) per preferred share representing a yield of 8.50% on the original issue price of $15.00, it said.The syndicate of agents for the offering was led by National Bank Financial.Shares of the company were last seen up 1.1% at $9.90 on the Toronto Stock Exchange.Price: $9.90, Change: $+0.11, Percent Change: +1.12%

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