Key Developments: Reitmans Canada Ltd (RTMAF.PK)
9.11USD
6 May 2013
$0.39 (+4.42%)
$8.73
$9.11
$9.11
$9.11
200
573
$13.34
$8.16
Latest Key Developments (Source: Significant Developments)
Reitmans Canada Ltd Declares Quarterly Cash Dividend
Reitmans Canada Ltd announced a quarterly cash dividend (constituting eligible dividends) of $0.20 per share on all outstanding Class A non-voting and Common shares of the Company was declared, payable April 25, 2013 to shareholders of record on April 12, 2013 . Full Article
Reitmans (Canada) Ltd Declares Quarterly Cash Dividend
Reitmans (Canada) Ltd announced a quarterly cash dividend of $0.20 per share on all outstanding Class A non-voting and Common shares of the Company was declared, payable January 31, 2013 to shareholders of record on January 17, 2013 . Full Article
Reitmans (Canada) Ltd Announces Normal Course Issuer Bid
Reitmans (Canada) Ltd announced that it has received approval from the Toronto Stock Exchange (TSX) to proceed with a normal course issuer bid. Under the bid, the Corporation may purchase up to 2,557,275 Class A Non-Voting Shares of the Corporation (the Shares), representing 5% of the issued and outstanding Class A Non-Voting Shares as at November 15, 2012. The bid will commence on November 28, 2012 and may continue to November 27, 2013. The Shares will be purchased on behalf of the Corporation by a registered broker through the facilities of the TSX or alternative Canadian trading platforms. Full Article
Reitmans (Canada) Ltd Declares Quarterly Cash Dividend
Reitmans (Canada) Ltd announced that in the Board of Directors meeting held on August 29, 2012, a quarterly cash dividend (constituting eligible dividends) of $0.20 per share on all outstanding Class A non-voting and Common shares of the Company was declared, payable October 25, 2012 to shareholders of record on October 11, 2012. Full Article
Reitmans (Canada) Limited Announces New Strategic Partnership
Reitmans (Canada) Limited announced a partnership with BabiesR to provide Thyme Maternity apparel and accessories in the U.S. Thyme Maternity products are expected to be made available in approximately 160 U.S. BabiesRUs stores later this year. Thyme Maternity is Canada's retailer of maternity apparel operating 74 stores in Canada as well as Thyme Maternity departments in 18 BabiesRUs stores in Canada. Reitmans (Canada) Limited is Canada's ladies apparel retailer, operating 925 stores in Canada, under the Reitmans, Smart Set, RW & CO., Thyme Maternity, Penningtons and Addition Elle banners. Full Article
Reitmans (Canada) Limited Declares Dividend
Reitmans (Canada) Limited announced that a quarterly cash dividend (constituting eligible dividends) of $0.20 per share on all outstanding Class A non-voting and Common shares of the Company was declared, payable July 26, 2012 to shareholders of record on July 12, 2012. Full Article
Reitmans (Canada) Limited Declares Dividend
Reitmans (Canada) Limited announced that a quarterly cash dividend (constituting eligible dividends) of $0.20 per share on all outstanding Class A non-voting and Common shares of the Company was declared, payable April 26, 2012 to shareholders of record on April 13, 2012. Full Article
Reitmans (Canada) Limited Announces Normal Course Issuer Bid
Reitmans (Canada) Limited announced that it has received approval from the Toronto Stock Exchange (TSX) to proceed with a normal course issuer bid. Under the bid, the Corporation may purchase up to 2,579,895 Class A Non-Voting Shares of the Corporation, representing 5% of the issued and outstanding Class A Non-Voting Shares as at November 14, 2011. The bid will commence on November 28, 2011 and may continue to November 27, 2012. Full Article
Reitmans (Canada) Limited To Convert Cassis Stores To Other Banners
Reitmans (Canada) Limited announced that following an evaluation and review of strategic alternatives, the Company has decided to close its 25 Cassis stores, primarily through conversion to other Reitmans banners. Despite improvements in the performance of the Cassis banner since its inception, the Company will refocus its sales and merchandising efforts by converting to other banners with a view to enhancing sales in these store locations. The Cassis banner represents less than 2% of total annual sales of the Company, amounting to approximately $20 million at January 29, 2011. Costs associated with the Cassis banner closures, including asset write-offs and severance related costs, amount to approximately $4 million after tax and will be reflected in our third quarter results. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
