TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,624.74, up 123.25):
TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.85 per cent, to $52.44 on 19.1 million shares.
Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down 37 cents, or 0.65 per cent, to $56.29 on 9.6 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 83 cents, or 2.09 per cent, to $40.62 on 9.6 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up $1.52, or 1.96 per cent, to $79.14 on 9.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.34, or 1.90 per cent, to $71.94 on 7.5 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 21 cents, or 7.17 per cent, to $3.14 on 7.3 million shares.
Companies in the news:
Dye & Durham Ltd. (TSX:DND). Down seven cents, or 0.38 per cent, to $18.17. Dye & Durham Ltd. said it is considering spinning out its TM Group business in addition to a possible sale after agreeing with the United Kingdom's competition regulator last year that it would dispose of the business. The U.K.'s Competition and Markets Authority ordered the sale of the software company's July 2021 acquisition after it found it would "substantially" lessen competition in property search reports in England and Wales. Dye & Durham said a sale of TM Group remains its first and preferred option, but that it is also looking at a spin-out as an alternative.
Onex Corp. (TSX:ONEX). Down $1.06, or 1.68 per cent, to $62.04. Onex Corp. said it is shortening the proposed sunset provision for its multiple-voting shares to three years from its initial plan for five. The company said the change to the proposed plan, which will be voted on at the company's annual meeting in May, comes after consultations with shareholders. Onex chairman and chief executive Gerry Schwartz is the sole holder of the company's multiple-voting shares.
Cameco Corp. (TSX:CCO). Up 57 cents, or 1.72 per cent, to $33.63. Cameco Corp. said it expects to receive a refund of about $300 million after the Canada Revenue Agency issued revised reassessments for the 2007 through 2013 tax years. The refund includes $89 million in cash and $211 million in letters of credit, which the company had remitted based on prior reassessments CRA issued in a long-standing tax dispute. The uranium miner has been tied up for years in a dispute with the tax agency over a foreign subsidiary.
This report by The Canadian Press was first published March 27,2023.
The Canadian Press
