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CYB Cymbria Corporation

69.21
-0.29 (-0.42%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cymbria Corporation TSX:CYB Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.29 -0.42% 69.21 69.20 69.50 69.67 69.20 69.67 11,920 21:10:40

Cymbria's investment in EdgePoint

27/06/2018 9:05pm

PR Newswire (Canada)


Cymbria (TSX:CYB)
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From Jun 2019 to Jun 2024

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

TORONTO, June 27, 2018 /CNW/ - Cymbria Corporation (TSX: CYB) ("Cymbria") announced today that with the assistance of an independent valuator and the Valuation Committee, the value of Cymbria's investment in EdgePoint Wealth Management Inc. ("EdgePoint") has been increased from $185,940,800 to $223,087,000. It is expected this will result in an increase to Cymbria's A share NAV of approximately 3.3% or $1.58 per share.

After the revaluation, EdgePoint will represent approximately 19.5% of Cymbria's Portfolio.

ABOUT CYMBRIA CORPORATION

Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an actively managed portfolio comprised primarily of global equities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the TSX on November 4, 2008 under the symbol CYB.

SOURCE Cymbria Corporation

Copyright 2018 Canada NewsWire

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