Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
Dye & Durham Limited (DND-T) announced preliminary unaudited financial results for its fourth-quarter and year-end June 30.
Management said it expects revenue to be approximately $129-million in the fourth quarter, up 53 per cent compared to the same period last year. The expectation is for revenue to come in at $134-million, according to S&P Capital IQ.
Adjusted EBITDA is expected to be approximately $75-million, up 53 per cent, compared to the same period in fiscal 2021.
Dye & Durham said it will have a conference call to discuss its audited results on Sept. 26.
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Savaria Corp. (SIS-T) announced an increase in its monthly dividend to 4.33 cents per common share. On an annual basis, it’s an increase of 2 cents or 4 per cent to 52 cents.
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Iamgold Corp. (IMG-T) announced the departure of chief financial officer Daniella Dimitrov.
The company said Maarten Theunissen, vice-president of finance, has been appointed interim CFO.
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Stella-Jones Inc. (SJ-T) announced an agreement to purchase the wood utility pole manufacturing business of Texas Electric Cooperatives Inc. for US$28-million plus inventories of approximately US$4-million.
TEC produces southern yellow pine utility poles using Creosote and CCA preservatives at its wood-treating facility in Jasper, Texas.
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Yellow Pages Limited (Y-T) announced an agreement to extend the tenure of its president and CEO David Eckert to mid-2025.
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Methanex Corp. (MX-T) announced John Floren will retire as president and CEO and the board on Dec 31. Rich Sumner, the company’s current senior vice-president of global marketing and logistics, has been appointed president and to the board, effective Jan. 1.