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Algoma Central Corp (ALC.TO)

ALC.TO on Toronto Stock Exchange

12.05CAD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Algoma Central announces sale of station tower in Sault Ste. Marie
Wednesday, 27 Sep 2017 09:13am EDT 

Sept 27 (Reuters) - Algoma Central Corp :Algoma Central Corporation announces sale of station tower in Sault Ste. Marie.Algoma Central Corp - has sold station tower, an office building located in Sault Ste. Marie; net proceeds from sale were $4.4 million.  Full Article

Algoma Central Corporation Q2 operating earnings per share C$0.40
Thursday, 3 Aug 2017 04:07pm EDT 

Aug 3 (Reuters) - Algoma Central Corp :Algoma Central Corporation announces operating results for the 2017 second quarter.Q2 earnings per share C$0.40.Algoma Central Corp qtrly ‍shr from continuing operation of $0.40.Algoma Central Corp qtrly earnings per share ‍$0.75​.  Full Article

Algoma Central reports Q2 earnings per share C‍$0.75​
Thursday, 3 Aug 2017 04:07pm EDT 

Aug 3 (Reuters) - Algoma Central Corp :Algoma Central Corporation announces operating results for the 2017 second quarter.Q2 earnings per share C‍$0.75​ .Quarterly earnings per share from continuing operation of C$0.40.Quarterly earnings per share C‍$0.75​.  Full Article

Algoma Central suspends sale of Station Mall in Sault Ste Marie
Monday, 26 Jun 2017 05:43pm EDT 

June 26 (Reuters) - Algoma Central Corp ::Algoma Central Corporation suspends sale of Station Mall in Sault Ste. Marie.Algoma Central - suspension is result of uncertainty created by announcement by Sears Canada that Sears store located in Station Mall will be closed.Algoma Central - company has decided to suspend on-going discussions regarding a sale of mall until uncertainty created by announcement is resolved.Options for Station Mall are now being assessed.Algoma Central Corp - Algoma has yet to receive formal notification of Sears' intent for store.  Full Article

Algoma Central announces $75 mln offering of debentures
Thursday, 1 Jun 2017 03:16pm EDT 

June 1 (Reuters) - Algoma Central Corp ::Algoma Central Corporation announces $75 million public offering of 5.25% convertible unsecured subordinated debentures.Debentures will mature on June 30, 2024 and will bear interest at an annual rate of 5.25% payable semi-annually​.Conversion price will be $21.15 per share​.Expects to use proceeds of offering to fund redemption of outstanding 6.00% convertible unsecured subordinated debentures due March 2018​.  Full Article

Algoma Central Corp says net proceeds from sale were $7.5 mln
Wednesday, 24 May 2017 09:07am EDT 

May 24 (Reuters) - Algoma Central Corp : :Algoma Central Corp - net proceeds from sale were $7.5 million.Algoma Central Corp - has sold Delta Hotels Sault STE. Marie Waterfront Hotel operations and related real estate.Algoma Central Corp - gain on sale of property will be reported in company's 2017 Q2 results.  Full Article

ALGOMA CENTRAL CORP Q1 LOSS PER SHARE $0.52
Friday, 5 May 2017 10:39am EDT 

May 5 (Reuters) - Algoma Central Corp :ALGOMA CENTRAL CORPORATION ANNOUNCES OPERATING RESULTS FOR THE FIRST QUARTER AND A 14% DIVIDEND INCREASE.SETS QUARTERLY CASH DIVIDEND OF C$0.08 PER SHARE.QTRLY LOSS PER SHARE $0.52.  Full Article

Algoma Central Corp, Nova Marine Carriers create NovaAlgoma short-sea carriers
Wednesday, 19 Apr 2017 08:42am EDT 

April 19 (Reuters) - Algoma Central Corp ::Algoma central corporation and nova marine carriers sa create NovaAlgoma short-sea carriers.Algoma Central - New JV, operating as NovaAlgoma short-sea carriers, is 50/50 joint venture between Algoma Central Corp, Nova Marine Holdings Limited.  Full Article

Algoma Central Corp announces sale of Corporate Park Properties
Tuesday, 18 Apr 2017 04:10pm EDT 

April 18 (Reuters) - Algoma Central Corp :Algoma Central Corporation announces sale of Corporate Park Properties in St. Catharines.Algoma Central Corp - net proceeds from sale of Algoma's interest in properties were $26.4 million.  Full Article

Algoma Central Corp reports Q4 loss per share $0.52
Wednesday, 22 Feb 2017 04:53pm EST 

Algoma Central Corp - : Algoma Central Corporation reports operating results for the year ended december 31, 2016 . Q4 loss per share $0.52 .Approved an increase in quarterly dividend to $0.08 per share.  Full Article

BRIEF-Algoma Central announces sale of station tower in Sault Ste. Marie

* Algoma Central Corporation announces sale of station tower in Sault Ste. Marie