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United States

Canadian Imperial Bank of Commerce (CM.N)

CM.N on New York Stock Exchange

87.92USD
29 Mar 2017
Change (% chg)

$0.26 (+0.30%)
Prev Close
$87.66
Open
$87.70
Day's High
$87.97
Day's Low
$87.46
Volume
146,511
Avg. Vol
209,645
52-wk High
$92.20
52-wk Low
$72.02

Latest Key Developments (Source: Significant Developments)

CIBC receives TSX approval for normal course issuer bid
Friday, 10 Mar 2017 09:00am EST 

Canadian Imperial Bank Of Commerce : CIBC receives TSX approval for normal course issuer bid .Canadian Imperial Bank Of Commerce- the approval would permit CIBC to purchase for cancellation from time to time up to eight million common shares.  Full Article

CIBC says banks and insurance companies announce canadian business growth fund of up to $1 bln
Thursday, 9 Mar 2017 10:00am EST 

Canadian Imperial Bank Of Commerce : banks and insurance companies announce canadian business growth fund of up to $1 billion . typical investment amounts in each company will range between $3 million and $20 million .fund expected to have initial capital commitments of over $500 million, with possibility for future contributions of up to $1 billion.  Full Article

Canadian Imperial Bank of commerce files for short form base shelf prospectus
Wednesday, 8 Mar 2017 05:20pm EST 

Canadian Imperial Bank Of Commerce :Files for short form base shelf prospectus of up to $10 billion - SEC filing.  Full Article

Canadian Imperial Bank Of Commerce files for debt shelf of up to $ 6 bln
Monday, 27 Feb 2017 05:41pm EST 

Canadian Imperial Bank Of Commerce :Canadian Imperial Bank Of Commerce files for debt shelf of up to $ 6 billion.  Full Article

CIBC to take 'disciplined' approach to PrivateBancorp bid
Thursday, 23 Feb 2017 08:30am EST 

Canadian Imperial Bank Of Commerce : Cibc ceo says privatebancorp would be better bank under cibc's ownership but cibc will take "disciplined" approach . Cibc ceo says believes bank make must have u.s. Exposure in long-term . Cibc ceo says organic investment is a priority along with continuing to grow dividends . Cibc ceo says may have to be more active in buying back stock if not able to consumate privatebancorp deal .Cibc retail head says "feels good" about nature of bank's mortgage growth.  Full Article

CIBC announces new normal course issuer bid
Thursday, 23 Feb 2017 06:04am EST 

Canadian Imperial Bank Of Commerce : CIBC announces new normal course issuer bid .Canadian Imperial Bank of Commerce - Purchases of common shares for cancellation will not exceed eight million common shares.  Full Article

CIBC increases dividends to C$1.27 per share
Thursday, 23 Feb 2017 06:02am EST 

CIBC : CIBC increases dividends . Sets dividend of c$1.27per share .Canadian Imperial Bank Of Commerce - dividend of $1.27 per share for quarter ending April 30, 2017, an increase of three cents from previous quarter.  Full Article

CIBC Q1 earnings per share c$3.50
Thursday, 23 Feb 2017 06:00am EST 

CIBC : CIBC announces first quarter 2017 results . Q1 adjusted earnings per share c$2.89 . Q1 earnings per share c$3.50 .Q1 earnings per share view c$2.59 -- Thomson Reuters I/B/E/S.  Full Article

Piper Jaffray, CIBC enter exclusive equity research distribution agreement
Monday, 5 Dec 2016 06:00am EST 

Piper Jaffray Companies : Piper Jaffray and CIBC enter into exclusive equity research distribution agreement .Exclusive distribution agreement is effective as of December 5, 2016.  Full Article

Alpine Associates Management intends to vote against Privatebancorp's proposed acquisition by CIBC
Friday, 2 Dec 2016 02:38pm EST 

Alpine Associates Management Inc : Alpine Associates Management Inc- intends to vote against Privatebancorp's proposed stock and cash acquisition by CIBC . Alpine Associates Management Inc- hold approximately 1.5 million shares of Privatebancorp, Inc. . Alpine Associates - "since U.S. Presidential election, it is clear that fundamental backdrop for regional banking industry has dramatically improved" .Alpine Associates-believe "fair-minded view" of Privatebancorp's valuation suggests standalone value is equal to/higher than price offered by CIBC.  Full Article

More From Around the Web

BRIEF-CIBC increases dividends to C$1.27 per share

* Canadian Imperial Bank Of Commerce - dividend of $1.27 per share for quarter ending April 30, 2017, an increase of three cents from previous quarter Source text for Eikon: Further company coverage: