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Transcontinental Inc (TCLa.TO)

TCLa.TO on Toronto Stock Exchange

24.21CAD
25 May 2017
Change (% chg)

$0.09 (+0.37%)
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Volume
50,935
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Latest Key Developments (Source: Significant Developments)

Transcontinental Inc divesting media assets in Atlantic Canada
Thursday, 13 Apr 2017 08:10am EDT 

Transcontinental Inc : Transcontinental Inc divesting media assets in Atlantic Canada . Transcontinental - announced sale of publication portfolio in Nova Scotia, Prince Edward Island, Newfoundland and Labrador, New Brunswick to Saltwire Network . Transcontinental - approximately 650 TC media employees in Atlantic Canada are part of transaction and will receive an offer from Saltwire Network Inc . Transcontinental - Transcontinental remains owner of two plants, which are Transcontinental Halifax and Transcontinental Prince Edward Island .Transcontinental - deal includes sale of 28 brands and web-related properties, four printing plants operated within its media sector.  Full Article

Transcontinental Inc announces renewal of its normal course issuer bid
Tuesday, 11 Apr 2017 10:00am EDT 

Transcontinental Inc : Transcontinental inc. Announces the renewal of its normal course issuer bid . To purchase for cancellation on open market, between April 17, 2017 & April 16, 2018, up to 2 million of class a subordinate voting shares .Also to purchase for cancellation on open market, between April 17, 2017 & April 16, 2018, up to 442,349 of its class b shares.  Full Article

Transcontinental Inc. Q4 earnings per share $0.75
Tuesday, 6 Dec 2016 10:23am EST 

Transcontinental Inc : Revenues for Q4 of 2016 went from $540.1 million to $555.6 million, an increase of 2.9% . Magazine and commercial product printing activities will be affected by a reduction in print advertising in fiscal 2017 . We expect stable revenues within printing division in 2017 . Transcontinental Inc qtrly adjusted net earnings attributable to shareholders of corporation of $0.99 per share . Qtrly earnings per share $0.75 . Non-recurring contract to print census of Canada, will also have an adverse effect in early 2017 .Transcontinental Inc. announces its results for fiscal 2016.  Full Article

Transcontinental amends its normal course issuer bid
Tuesday, 6 Dec 2016 10:16am EST 

Transcontinental Inc : Transcontinental Inc amends its normal course issuer bid . to amend NCIB to increase maximum no of Class A subordinate voting shares that may be repurchased from 1 million to 2 million .approval to amend NCIB to increase maximum no of Class A subordinate voting shares that may be repurchased.  Full Article

Transcontinental divests assets in Dartmouth, Nova Scotia
Thursday, 28 Jul 2016 02:00pm EDT 

Transcontinental Inc : Transcontinental Inc. divesting assets in Dartmouth, Nova Scotia . Says it is selling most of its commercial printing line of business operated from its Transcontinental Dartmouth plant to Advocate Printing and Publishing Company Limited . Plant closure will result in about 55 layoffs . Closure of Transcontinental Dartmouth plant located at 140 Joseph Zatzman Drive in Dartmouth, Nova Scotia, by mid-August 2016 .Will continue to serve customers in Atlantic Canada for retail flyers, newspapers and some specific commercial products.  Full Article

Transcontinental says acquired Robbie Manufacturing
Thursday, 30 Jun 2016 10:30am EDT 

Transcontinental Inc :Acquired robbie manufacturing.  Full Article

Transcontinental qtrly adj earnings per share $0.44
Friday, 10 Jun 2016 06:00am EDT 

Transcontinental Inc : Flyer Printing Volume Is Expected To Remain Relatively Stable During Second Half Of 2016 . In Media Sector, Impact Of Transformation Of Advertising Market To Continue To Affect Newspaper Publishing In 2016 . Transcontinental Inc. Announces Its Financial Results For The Second Quarter Of Fiscal 2016 . Q2 Revenue C$497.2 Million . Qtrly Earnings Per Share $0.07 . Qtrly Adjusted Earnings Per Share 0.44 .Qtrly Adjusted Earnings Per Share $0.44.  Full Article

Transcontinental to divest assets in Saskatchewan
Monday, 30 May 2016 12:33pm EDT 

Transcontinental Inc : Transcontinental Inc. divesting assets in Saskatchewan . Sale of local newspapers is effective immediately . Closure of Saskatoon printing plant will result in loss of approximately 30 full time positions when transition period is complete . Transaction includes sale of its 13 local newspapers and associated web properties .Printing plant will remain in operation for a transition period, after which it will close.  Full Article

Transcontinental Inc says has come to an agreement with Toronto Star to print their daily newspaper for five years
Friday, 15 Jan 2016 08:00am EST 

Transcontinental Inc:Has come to an agreement with the Toronto Star to print their daily newspaper for five years, with the possibility of extension.Contract is expected to take effect in July 2016.  Full Article

Transcontinental Inc completes acquisition of Ultra Flex Packaging Corp
Thursday, 1 Oct 2015 09:00am EDT 

Transcontinental Inc:Says that it has completed acquisition of Ultra Flex Packaging Corp., a supplier of flexible packaging located in Brooklyn, New York.Says transaction, announced on Sept. 1, was subject to regulatory approval in the United States.  Full Article

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