TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,977.13, down 3.78):
Manulife Financial Corp. (TSX:MFC). Financials. Down 28 cents, or 1.19 per cent, to $23.29 on 26 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 11 cents, or 0.20 per cent, to $54.08 on 20.2 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 34 cents, or 0.71 per cent, to $47.32 on 18.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 27 cents, or 1.29 per cent, to $20.64 on 16.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 10 cents, or 0.13 per cent, to $79.85 on eight million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 58 cents, or 2.14 per cent, to $26.55 on 7.9 million shares.
Companies in the news:
Home Capital Group Inc. (TSX:HCG). Up $15.45, or 57.12 per cent, to $42.50. Mortgage lender Home Capital Group Inc. has signed a deal to be acquired by Smith Financial Corp. that values the company at $1.7 billion. Under the agreement, Smith Financial will pay $44 in cash per share for the shares in Home Capital it does not already own. Smith Financial, the family holding company of Stephen Smith, already owns a 9.1 per cent stake in Home Capital. The deal requires approval by a two-thirds majority vote by Home Capital shareholders as well as court and regulatory approvals and other customary closing conditions. The transaction is expected to close in the middle of 2023.
AltaGas Ltd. (TSX:ALA). Down eight cents, or 0.36 per cent, to $22.31. AltaGas Ltd. said chief executive Randy Crawford will retire in the first half of next year. The company said Crawford is expected to remain in his role until a successor is named. AltaGas said it is working with external advisers to evaluate internal and external candidates for the top job. The company owns natural gas infrastructure in Western sa¹ú¼Ê´«Ã½ as well as utilities in the United States.
This report by The Canadian Press was first published Nov. 21, 2022.
The Canadian Press