TSX:CFCapital Markets
Canaccord Genuity Group (TSX:CF) Climbed, But What Is Behind The Latest Attention?
Canaccord Genuity Group (TSX:CF) plans to redeem all of its Cumulative 5-Year Rate Reset First Preferred Shares, Series A, on October 1, 2026, in a cash transaction totaling about CA$113.5 million.
Set against this preferred share redemption plan, Canaccord Genuity Group’s common stock has been firming up, with a 1-day share price return of 3.13% and 7-day share price return of 5.03% at CA$14.82. Momentum has generally been positive, reflected in a 90-day share price return of 13.30%, a year...