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Name | Symbol | Market | Type |
---|---|---|---|
Dundee Corporation | TSX:DC.PR.B | Toronto | Preference Share |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.22 | -0.99% | 22.00 | 22.00 | 22.22 | 22.00 | 22.00 | 22.00 | 300 | 20:22:36 |
Subsequent to December 31, 2010, Dundee Corporation completed the previously announced sale of its interest in DundeeWealth Inc. ("DundeeWealth") to The Bank of Nova Scotia ("Scotiabank") in exchange for 18.6 million common shares and 14.9 million preferred shares of Scotiabank. Pursuant to distributions made by DundeeWealth immediately prior to the transaction with Scotiabank, Dundee Corporation also received cash of $149.0 million and 74.5 million common shares of Dundee Capital Markets Inc., a new entity established for the purpose of carrying on the capital markets business previously conducted through DundeeWealth.
The Company is now focused on the development of new strategic initiatives in its core areas of competencies including resources, real estate and infrastructure. These strategic initiatives will be supported by the expertise of a team of successful investment bankers and brokers at Dundee Capital Markets Inc.
Shareholders and other interested parties are invited to attend the Company's annual general meeting, which will be held on June 3, 2011 at the King Edward Hotel, Sovereign Ballroom, 37 King Street East, Toronto, ON M5C 1E9.
Contacts: Dundee Corporation Ned Goodman President and Chief Executive Officer (416) 365-5665 Dundee Corporation Lucie Presot Vice President and Chief Financial Officer (416) 365-5157
1 Year Dundee Chart |
1 Month Dundee Chart |
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