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BRP (TSX:DOO) Completes Follow-on Equity Offering Raising C$136 Million
BRP (TSX:DOO) saw its share price increase by 38% last quarter, an impressive feat amidst a mixed broader market backdrop. The company's completion of a Follow-on Equity Offering raised CAD 136 million, potentially bolstering investor confidence. This capital influx coincided with a surge in net income and continued dividend payments, aligning with overall market trends that highlighted robust corporate performances. Meanwhile, BRP's focus on electric vehicles, including new product launches,...