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Tricon Capital Group Inc (TCN.TO)

TCN.TO on Toronto Stock Exchange

11.30CAD
17 Nov 2017
Change (% chg)

$-0.08 (-0.70%)
Prev Close
$11.38
Open
$11.39
Day's High
$11.39
Day's Low
$11.25
Volume
104,698
Avg. Vol
252,318
52-wk High
$12.05
52-wk Low
$8.90

Latest Key Developments (Source: Significant Developments)

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

Tricon Capital Group provides update on its single-family rental business
Monday, 25 Sep 2017 08:00am EDT 

Sept 25 (Reuters) - Tricon Capital Group Inc : :Tricon Capital Group provides update on its single-family rental business.Tricon Capital Group Inc - got letter from staff of SEC with subject "in matter of certain single family rental securitizations"​.Tricon Capital Group - ‍letter includes subpoena requests production of certain documents, communications related to tah's securitization transactions​.Tricon Capital Group - ‍SEC's letter indicates investigation is fact-finding inquiry, does not mean that sec has negative opinion of any person or security​.Tricon Capital Group - estimates total property damage from hurricane harvey, before taking into account available insurance proceeds, of $5 million to $6 million.  Full Article

Tricon Capital Group Q2 adjusted earnings per share $0.17
Wednesday, 9 Aug 2017 05:09pm EDT 

Aug 9 (Reuters) - Tricon Capital Group Inc :Tricon Capital Group announces Q2 2017 results.Q2 adjusted earnings per share $0.17.Q2 loss per share $0.17.Tricon Capital Group Inc - ‍assets under management at quarter-end increased by 54 percent year-over-year to $4.6 billion​.  Full Article

Tricon Capital Group reports Q1 EPS $0.07
Wednesday, 10 May 2017 05:01pm EDT 

May 10 (Reuters) - Tricon Capital Group Inc ::Tricon Capital Group announces strong Q1 results.Q1 earnings per share $0.07.Q1 adjusted earnings per share $0.13.  Full Article

Tricon Capital Group announces an increase of the previously announced bought deal offering of subscription receipts to C$175 million
Tuesday, 28 Feb 2017 08:49am EST 

Tricon Capital Group Inc : Tricon Capital Group announces an increase of the previously announced bought deal offering of subscription receipts to C$175 million . Says to increase size of subscription receipt offering by C$25 million . Tricon Capital Group says under amended terms of subscription receipt offering, has agreed to sell, on a bought deal basis, 17.7 million subscription receipts .Tricon Capital says net proceeds from subscription receipt offering, debentures offering to be used to fund part of purchase price of silver bay realty trust.  Full Article

Tricon Capital announces bought deal offerings
Monday, 27 Feb 2017 04:13pm EST 

Tricon Capital Group Inc : Tricon Capital Group Inc - announces bought deal offerings comprised of c$150 million of subscription receipts . Tricon Capital Group Inc - announces bought deal offerings also comprised US$150 million of extendible convertible debentures . Tricon Capital Group Inc - announces bought deal offerings in conjunction with acquisition of silver bay realty trust .Tricon Capital Group - entered into agreement to sell, on a bought deal basis, 15.2 million subscription receipts at price of c$9.90/subscription receipt.  Full Article

Tricon Capital Group to acquire Silver Bay Realty Trust Corp
Monday, 27 Feb 2017 04:07pm EST 

Tricon Capital Group Inc : Tricon Capital Group to acquire Silver Bay Realty Trust Corp . Tricon Capital Group - deal has a total enterprise value of approximately $1.4 billion, comprised of equity purchase price of approximately $820 million . Tricon Capital Group Inc - deal expected to be accretive to tricon's earnings per share and net asset value per share . Tricon capital group inc - to partially finance acquisition, company intends to use net proceeds from one or more "bought deal" public offerings .Tricon Capital - obtained commitment to increase its existing corporate revolving credit facility from $235 million to $350 million.  Full Article

Tricon Capital Group reports Q4 earnings per share $0.07
Wednesday, 22 Feb 2017 05:01pm EST 

Tricon Capital Group Inc - : Tricon Capital Group announces strong q4 and year-end results driven by growth in aum and investment income . Q4 adjusted basic earnings per share increased by 31% year-over-year to $0.17 . Q4 adjusted diluted earnings per share increased by 25% to $0.15 . Q4 earnings per share $0.07 .For Q4 2016, investment income at tah was $3.4 million compared to $12.7 million in Q4 2015.  Full Article

Westar Energy Q4 earnings per share $0.38
Wednesday, 22 Feb 2017 05:00pm EST 

Westar Energy Inc - : REG-Westar Energy announces 2016 results . Q4 earnings per share $0.38 . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Qtrly total revenues $606.5 million versus $546 million .Q4 revenue view $648.0 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Tricon Capital reports Q3 adj earnings per share $0.37

* Increased scale and operational improvements drive solid q3 2017 results