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Tricon Capital Group Inc (TCN.TO)

TCN.TO on Toronto Stock Exchange

10.48CAD
17 May 2019
Change (% chg)

$-0.07 (-0.66%)
Prev Close
$10.55
Open
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Day's High
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$10.48
Volume
314,287
Avg. Vol
348,072
52-wk High
$11.88
52-wk Low
$9.33

Latest Key Developments (Source: Significant Developments)

Tricon To Acquire U.S. Multi-Family Portfolio For About $1.4 Bln
Tuesday, 2 Apr 2019 04:23pm EDT 

April 2 (Reuters) - Tricon Capital Group Inc ::TRICON TO ACQUIRE ~7,300 UNIT, 2012 VINTAGE U.S. MULTI-FAMILY PORTFOLIO FOR APPROXIMATELY $1.4 BILLION.TRICON CAPITAL GROUP INC - TRICON WILL ALSO INDIRECTLY ASSUME APPROXIMATELY $916 MILLION OF FUND'S EXISTING DEBT FROM DEAL.TRICON CAPITAL GROUP - DEAL TO BE FUNDED BY ISSUING 50.8 MILLION TRICON SHARES TO FUND'S UNITHOLDERS AT AN IMPLIED PRICE OF C$13.10 PER TRICON SHARE.TRICON CAPITAL GROUP INC - TRANSACTION HAS RECEIVED UNANIMOUS APPROVAL FROM BOARD OF DIRECTORS OF EACH OF TRICON AND FUND'S GENERAL PARTNER.TRICON CAPITAL GROUP - WILL ACQUIRE ALL OF ISSUED & OUTSTANDING LIMITED PARTNERSHIP UNITS OF STARLIGHT U.S. MULTI-FAMILY (NO. 5) CORE FUND.TRICON CAPITAL GROUP INC - TRANSACTION INCLUDES EQUITY CONSIDERATION OF APPROXIMATELY $496 MILLION.  Full Article

Tricon Reports Fourth Quarter Results
Wednesday, 27 Feb 2019 05:01pm EST 

Feb 27 (Reuters) - Tricon Capital Group Inc ::TRICON DELIVERS RECORD EARNINGS AND THIRD-PARTY AUM GROWTH IN 2018.Q4 ADJUSTED EARNINGS PER SHARE $0.30.Q4 EARNINGS PER SHARE $0.23.  Full Article

Tricon Reports Q3 Adj EPS Of $0.27
Wednesday, 7 Nov 2018 05:01pm EST 

Nov 7 (Reuters) - Tricon Capital Group Inc ::TRICON REPORTS SOLID Q3 2018 RESULTS DRIVEN BY STRONG OPERATIONS AT TAH.TRICON CAPITAL GROUP INC - AT QUARTER-END, ASSETS UNDER MANAGEMENT INCREASED BY 21% YEAR-OVER-YEAR TO $5.7 BILLION (C$7.3 BILLION).TRICON CAPITAL GROUP INC QTRLY EARNINGS PER SHARE $0.24.TRICON CAPITAL GROUP INC QTRLY ADJUSTED EARNINGS PER SHARE $0.27.  Full Article

Tricon Capital Group Inc - Qtrly Diluted Earnings Per Share Of $0.46
Wednesday, 9 May 2018 05:01pm EDT 

May 9 (Reuters) - Tricon Capital Group Inc ::TRICON CAPITAL GROUP INC - QTRLY DILUTED EARNINGS PER SHARE OF $0.46.TRICON CAPITAL GROUP INC - QTRLY ASSETS UNDER MANAGEMENT INCREASED BY 57% YEAR-OVER-YEAR TO $4.8 BILLION.TRICON CAPITAL GROUP INC - QTRLY ADJUSTED DILUTED EARNINGS PER SHARE TO $0.49.  Full Article

Tricon Capital Group Prices $365 Million Securitization
Tuesday, 12 Dec 2017 08:00am EST 

Dec 12 (Reuters) - Tricon Capital Group Inc ::TRICON CAPITAL GROUP PRICES $365 MILLION SECURITIZATION.TRICON CAPITAL GROUP INC - TRICON AMERICAN HOMES HAS PRICED ITS SECOND SINGLE-FAMILY RENTAL SECURITIZATION TRANSACTION OF 2017.  Full Article

Tricon Capital reports Q3 adj earnings per share $0.37
Wednesday, 8 Nov 2017 05:01pm EST 

Nov 8 (Reuters) - Tricon Capital Group Inc :Increased scale and operational improvements drive solid q3 2017 results.Tricon Capital Group Inc qtrly earnings per share ‍$0.29​.Q3 adjusted earnings per share $0.37.Tricon Capital Group Inc - ‍assets under management increased by 51% year-over-year to $4.7 billion at quarter-end​.  Full Article

Tricon American Homes completes sale of non-core homes
Tuesday, 24 Oct 2017 06:02pm EDT 

Oct 24 (Reuters) - Tricon Capital Group Inc ::Tricon American Homes completes sale of non-core homes and debt refinancing initiatives ahead of schedule.Tricon Capital Group Inc - Tricon American Homes also entered into a new $347.6 million term loan facility ​.  Full Article