Stella-Jones Inc (SJ.TO)
Latest Key Developments (Source: Significant Developments)
Stella-Jones Inc:Says quarterly dividend of $0.10 per share.Payable on June 28, 2016 to shareholders of record date as on June 6, 2016. Full Article
Stella-Jones Inc:Announced that its wholly-owned subsidiary, McFarland Cascade Holdings, Inc., has signed a non-binding letter of intent to purchase the shares of Lufkin Creosoting Co., Inc.Transaction, if finalized, is expected to close in April 2016 and is subject to customary conditions, including satisfactory due diligence and signature of a definitive share purchase agreement. Full Article
Stella-Jones Inc:Says it has completed its previously announced acquisition of the shares of Ram Forest Group Inc and Ramfor Lumber Inc. Full Article
Stella-Jones Inc:Says quarterly dividend of $0.08 per share, has been declared on the outstanding common shares of the Corporation.Payable on September 25.Record date as on September 4. Full Article
Stella-Jones Inc:Signs definitive agreement to purchase the shares of Ram Forest Group Inc. and Ramfor Lumber Inc.The signature of a non-binding letter of intent in respect of the proposed acquisition was reported by Stella-Jones on April 29.The definitive share purchase agreement provides for a purchase price of $58.0 mln which includes $15.0 million of working capital and is subject to adjustments. Full Article
March 21 Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices rose on expectations that OPEC-led output cut would be extended beyond June.