TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (21,021.88, down 205.99 points):
Enbridge Inc. (TSX:ENB). Energy. Down 45 cents, or 0.93 per cent, to $47.74 on 14.8 million shares.
Manulife Financial Corp. (TSX:MFC). Finance. Down six cents, or 0.20 per cent, to $29.72 on 7.3 million shares.
Forsys Metals Corp. (TSX:FSY). Mining. Down four cents, or 3.81 per cent, to $1.01 on 6.8 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.12, or 1.35 per cent, to $81.67 on 6.7 million shares.
NexGen Energy Ltd. (TSX:NXE). Energy. Down five cents, or 0.48 per cent, to $10.30 on 5.6 million shares.
Bank of Montreal. (TSX:BMO). Finance. Down $1.81, or 1.41 per cent, to $126.64 on 4.7 million shares.
Companies in the news:
Gildan Activewear Inc. (TSX:GIL). Apparel. Down $1.00, or 2.20 per cent, to $44.40. A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc. said it will offer its slate of candidates for election at the company's annual meeting instead of a separate shareholder gathering. Browning West had initially sought a special meeting of shareholders to replace eight members of the board and reinstate founder Glenn Chamandy as Gildan's chief executive. Gildan announced earlier this week that it set May 28 for an annual and special meeting of shareholders, but that it would also challenge the legitimacy of Browning West's request for a special meeting in a Quebec court.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down one cent, or 1.89 per cent, to 52 cents. Aurora Cannabis Inc. has announced a plan to consolidate its shares on a one-for-10 basis. The company said it expects the move will restore compliance with Nasdaq listing rules and ensure the company continues to have access to a wide range of institutional investors. The plan, which is subject to regulatory and stock exchange approvals, is expected to be effective on or about Feb. 20.
Canadian Pacific Kansas City Ltd. (TSX:CP). Transportation. Up $1.82, or 1.71 per cent, to $108.19. Canadian Pacific Kansas City Ltd. expects its adjusted earnings per share to grow by double digits this year, following a bump in revenue last quarter — and despite lower container volumes and a weaker grain harvest. CPKC — the product of Canadian Pacific's purchase of Kansas City Southern in April — said Tuesday evening it boosted revenues four per cent to $3.78 billion last quarter from a combined revenue of $3.64 billion a year earlier. Core adjusted combined income climbed three per cent to $1.10 billion last quarter from $1.07 billion a year earlier.
This report by The Canadian Press was first published Jan. 31,2024.
The Canadian Press
