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Enercare Inc (ECI.TO)

ECI.TO on Toronto Stock Exchange

19.97CAD
27 Mar 2017
Change (% chg)

$0.12 (+0.60%)
Prev Close
$19.85
Open
$19.81
Day's High
$19.98
Day's Low
$19.69
Volume
109,237
Avg. Vol
262,574
52-wk High
$20.27
52-wk Low
$15.03

Latest Key Developments (Source: Significant Developments)

Enercare reports quarterly basic EPS of $0.17
Tuesday, 7 Mar 2017 07:00am EST 

Enercare Inc : Enercare announces record revenue and Ebitda results for 2016 . Qtrly total revenue $293.2 million versus. $141.6 million .Qtrly basic earnings per share $0.17.  Full Article

Enercare adopts a dividend reinvestment plan
Friday, 18 Nov 2016 08:30am EST 

Enercare Inc : Enercare announces adoption of a dividend reinvestment plan .Under plan, participants will be issued shares from treasury at a 5% discount to then prevailing market price.  Full Article

Enercare adopts dividend reinvestment plan
Friday, 18 Nov 2016 08:30am EST 

Enercare Inc : Enercare announces adoption of a dividend reinvestment plan . Enercare-Canadian resident shareholders entitled to register for plan effective with co's monthly dividend expected to be paid on or about dec 30 2016 .Enercare inc- under plan, participants will be issued shares from treasury at a 5% discount to then prevailing market price.  Full Article

Enercare reports qtrly basic EPS $0.17
Monday, 8 Aug 2016 07:00am EDT 

Enercare Inc : Acquisition of service experts drives 81% increase in revenue and 22% increase in acquisition adjusted ebitda . Qtrly basic EPS $0.17 .Q2 earnings per share view c$0.13 -- Thomson Reuters I/B/E/S.  Full Article

Enercare announces renewal of its normal course issuer bid
Friday, 15 Jul 2016 05:00pm EDT 

Enercare Inc : Received approval from Toronto Stock Exchange for renewal of its normal course issuer bid . Enercare inc says purchases may commence on July 20, 2016, and will terminate on July 19, 2017 . May purchase for cancellation up to 10.3 million of its common shares .Purchase represents approximately 10 percent of its public float of issued and outstanding common shares as of July 4, 2016.  Full Article

Enercare announces termination of its nomination agreement with Direct Energy
Friday, 27 May 2016 11:41am EDT 

Enercare Inc : Enercare announces termination of its nomination agreement with Direct Energy . Received notice from Direct Energy Marketing Ltd that Direct Energy has sold remainder of Enercare's common shares . As result of sale, nomination agreement between Enercare and Direct Energy entered into in connection with OHS acquisition has terminated .Enercare inc says Scott Boose, who was nominated to Enercare board by Direct Energy, resigned from Board of Directors effective May 26, 2016.  Full Article

EnerCare Q1 total revenue C$142.6 million
Friday, 13 May 2016 08:10am EDT 

EnerCare Inc : Qtrly basic earnings per share $0.09 . Increasing annualized dividend per common share by $0.84 to $0.924 . Qtrly total revenue C$142.6 million versus C$141.8 million . Increasing annualized dividend per common share by $0.84 to $0.924 .EnerCare reports first quarter 2016 results and increases dividend by 10%.  Full Article

American Capital portfolio company merges with Enercare unit
Wednesday, 11 May 2016 03:04pm EDT 

American Capital Ltd : Portfolio company Sehac Holdings Corporation has merged with a subsidiary of Enercare Solutions Inc., unit of Enercare Inc . Total cash consideration is $340.75 million .Received $244 million in proceeds and realized a capital gain of $225 million from transaction.  Full Article

Enercare gets regulatory clearances for acquisition of Service Experts
Tuesday, 10 May 2016 07:41am EDT 

Enercare Inc : Enercare receives regulatory clearances for acquisition of service experts .Says anticipates that closing of acquisition will occur on or about may 11, 2016.  Full Article

Enercare signs agreement to acquire Service Experts in a deal valued at $340.8 mln
Monday, 7 Mar 2016 04:12pm EST 

EnerCare Inc:Signs agreement to acquire service experts - a leading North American provider of hvac services and announces $218 million bought deal offering.Says deal for $340.8 million and estimated to be 25% accretive to normalized pro forma distributable cash per common share in 2016.Says entered into an agreement with a syndicate of underwriters to issue, on a bought deal basis, about $218 million of subscription receipts.Says lenders to give debt financing to co's unit in form of unsecured 4-year variable rate term credit facility of US$200 million.Says lenders have also provided a fully committed bridge facility in the amount of US$140.75 million should the offering not close.  Full Article

More From Around the Web

BRIEF-Enercare appoints Scott Boose Chief Executive Officer, Service Experts

* Enercare announces retirement of scott boxer and appoints scott boose as president and chief executive officer, service experts