Key Developments: Stantec Inc (STN)
42.86USD
24 May 2013
$-0.64 (-1.47%)
$43.50
$43.25
$43.25
$42.82
3,135
7,392
$44.53
$25.77
Latest Key Developments (Source: Significant Developments)
Stantec Inc Declares Quarterly Dividend
Stantec Inc announced that the Board of Directors declared a quarterly dividend of CAD0.165 per share, payable on July 18, 2013, to shareholders of record on June 28, 2013. Full Article
Stantec Inc Revises Record Date For Quarterly Dividend
Stantec Inc announced that Board Of Directors declared a quarterly dividend of CAD0.165 per share, payable on April 18, 2013, to shareholders of record on March 29, 2013. The Company has since revised the record date to March 28, 2013. Full Article
Stantec Inc Declares Quarterly Dividend
Stantec Inc announced that the board of directors declared a quarterly dividend of CAD0.165 per share, an increase of 10%. It is payable on April 18, 2013, to shareholders of record on March 29, 2013. Full Article
Stantec Inc Plans To Acquire Greenhorne & O'Mara
Stantec Inc announced plans to acquire Mid-Atlantic-based engineering firm Greenhorne & O'Mara. The multidiscipline, 520-person firm will expand Stantec's presence and services across the US Atlantic coast, particularly in the transportation sector and with the US federal government. The transaction is expected to close by the end of the year, marking the third firm to join Stantec in the last quarter of 2012. Terms of the transaction were not disclosed. Stantec also announced the completion of its acquisition of C3TS, a Florida engineering and design firm with 150 employees. Full Article
Stantec Inc Signs Letter Of Intent To Acquire Assets Of C3TS
Stantec Inc announced it has signed a letter of intent to acquire the assets of C3TS, a Florida engineering and design firm with 150 employees. The transaction is expected to close at the end of November. Financial terms were not disclosed. Full Article
Stantec Inc Declares Quarterly Dividend
Stantec Inc announced that it has declared a quarterly dividend of CAD0.15 per share, payable on January 17, 2013, to shareholders of record on December 31, 2012. Full Article
Stantec Inc. Declares Quarterly Dividend
Stantec Inc. announced that it has declared a quarterly dividend of C$0.15 per share, payable on October 18, 2012 to shareholders of record on September 28, 2012. Full Article
Stantec Inc. Signs Letter Of Intent To Acquire Cimarron Engineering Ltd.
Stantec Inc. announced that it has signed a letter of intent to acquire Calgary-based Cimarron Engineering Ltd., a 290-person engineering consulting Company specializing in the development, design, installation, and integrity maintenance of oil and gas pipeline systems and station facilities. Cimarron's current projects include TransCanada's Keystone Pipeline between Canada and the United States, and Enbridge's Woodland Pipeline in northern Alberta. Terms of the transaction were not disclosed. Full Article
Stantec Inc. Announces Renewal Of Normal Course Issuer Bid
Stantec Inc. announced that a Notice of Intention to renew a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange, pursuant to which Stantec may purchase up to 1,372,282 of its common shares, representing approximately 3% of its issued and outstanding shares. Stantec had a total of 45,742,751 common shares outstanding as at May 15, 2012. The purchases may commence on June 1, 2012, and will terminate no later than May 31, 2013. Except for block purchases permitted under the rules and policies of the TSX, the number of Common Shares to be purchased per day will not exceed 59,493, or approximately 25% of the average daily trading volume for the six full calendar months prior to April 30, 2012. Stantec will make the purchases on the open market in accordance with the rules and policies of the TSX, and the prices that Stantec will pay for any common shares will be the market price of such shares at the time of acquisition. Purchases shall be effected through the facilities of the TSX only. Stantec believes that, from time to time, the market price of its common shares does not fully reflect the value of its business and its future business prospects. Full Article
Stantec Inc. Signs Letters Of Intent To Acquire ABMB Engineers And PHB Group
Stantec Inc announced that it has signed a letter of intent to acquire Louisiana-based ABMB Engineers, a 130-person transportation engineering firm. Stantec has also signed a letter of intent to acquire the assets of 35-person architecture and interior design firm PHB Group. Founded in 1985, ABMB provides transportation, traffic, and infrastructure engineering, as well as intelligent transportation system design for a variety of clients, including the US Army Corps of Engineers, Departments of Transportation in Louisiana and Mississippi, Baton Rouge General Hospital, BlueCross/BlueShield, and numerous cities and counties. ABMB is based in Baton Rouge, with offices in New Orleans and in Jackson, Vicksburg, and Madison, Mississippi. Terms were not disclosed. Full Article
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