Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that the required regulatory approvals under the Bank Act (Canada) and Trust and Loan Companies Act (Canada) have been granted by the Federal Minister of Finance in respect of the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”) (such acquisition, the “Arrangement”) and that the Arrangement is expected to be completed on August 31, 2023,...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that its Board of Directors declared a common share dividend of $0.15 per share for the third quarter 2023. The dividend is payable on September 15, 2023, to shareholders of record on August 31, 2023. The dividend is designated as an “eligible” dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. If the previously announced acquisition of Home Capital by a...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three and six months ended June 30, 2023. This press release should be read in conjunction with the Company’s 2023 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedarplus.ca . “This quarter’s results showcased the growth in our net...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) has applied for and obtained an exemption from the Toronto Stock Exchange’s requirement to hold its annual shareholder meeting (the “Meeting”) by June 30, 2023, provided the Meeting is held on or prior to September 29, 2023. If the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”) (such acquisition, the “Arrangement”) is completed on or prior to September 29,...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) reported that the Public Accountability Statement for Home Trust Company, a subsidiary of Home Capital, is now available online at www.hometrust.ca/about/public-accountability . The Public Accountability Statement highlights activities that Home Trust has undertaken to support its commitment to corporate social responsibility. Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG),...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that its Board of Directors declared a common share dividend of $0.15 per share for the second quarter 2023. The dividend is payable on June 15, 2023, to shareholders of record on May 31, 2023. The dividend is designated as an “eligible” dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. About Home Capital Home Capital Group Inc. is a public company,...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three months ended March 31, 2023. This press release should be read in conjunction with the Company’s 2023 First Quarter Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com . “I am pleased with our progress so far this year,” said Yousry...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that the Commissioner of Competition has issued a “no-action letter” in respect of Home Capital’s previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). Under the Arrangement, a wholly-owned subsidiary of Smith Financial Corporation (“SFC”) has agreed to acquire the issued and outstanding common shares of Home Capital that SFC does not already own for...
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months ended March 31, 2023 on Wednesday May 10, 2023 before markets open. The Company does not intend to host a conference call on the date of the earnings release. About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that its Board of Directors declared a common share dividend of $0.15 per share for the first quarter 2023. The dividend is payable on March 15, 2023, to shareholders of record on February 28, 2023. The dividend is designated as an “eligible” dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. About Home Capital Home Capital Group Inc. is a public company,...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three and twelve months ended December 31, 2022. This press release should be read in conjunction with the Company’s 2022 Annual and Fourth Quarter Consolidated Financial Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com . “Home Capital executed...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) today announced that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). Under the Arrangement, a wholly owned subsidiary (the “Purchaser”) of Smith Financial Corporation (“SFC”), a company controlled by Stephen Smith, has agreed to acquire the issued and outstanding...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that at the special meeting of its shareholders held today (the “Meeting”), shareholders voted overwhelmingly in favour of a special resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). Under the Arrangement, a wholly-owned subsidiary (the “Purchaser”) of Smith Financial Corporation...
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and full year ended December 31, 2022 on Thursday, February 16, 2023 before markets open. The Company does not intend to host a conference call on the date of the earnings release. About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) today announced that it has mailed the management information circular (the “Circular”) and related materials for the special meeting (the “Meeting”) of Home Capital shareholders to approve the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which a wholly-owned subsidiary (the “Purchaser”) of Smith Financial Corporation (“SFC”), a company controlled...
Home Capital Group Inc. (“Home Capital”) (TSX: HCG) today announced the expiration of the go-shop period provided for in the arrangement agreement dated November 20, 2022 pursuant to which a wholly-owned subsidiary of Smith Financial Corporation (“SFC”), a company controlled by Stephen Smith, has agreed to acquire the issued and outstanding common shares of Home Capital that SFC does not already own for $44.00 in cash per share, subject to increase in certain circumstances (the...
Home Capital Group Inc. (“Home Capital” or the “Company”) (TSX: HCG) today announced that it has entered into a definitive agreement (the “Arrangement Agreement”) to be acquired by a wholly-owned subsidiary (the “Purchaser”) of Smith Financial Corporation (“SFC”), a company controlled by Stephen Smith. Under the terms of the Arrangement Agreement, subject to shareholder and other customary approvals, the Purchaser will acquire the issued and outstanding common shares of Home...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that its Board of Directors declared a common share dividend of $0.15 per share for the fourth quarter 2022. The dividend is payable on December 15, 2022 to shareholders of record on November 30, 2022. The dividend is designated as an “eligible” dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. About Home Capital Home Capital Group Inc. is a public...
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three and nine months ended September 30, 2022. This press release should be read in conjunction with the Company’s 2022 Third Quarter Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com . “The housing market is currently in a period of transition...
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and nine months ended September 30, 2022 on Tuesday, November 8, 2022 before markets open. Home Capital’s executive management will host a conference call webcast on the same day at 8:00 a.m. ET. Management will discuss the Company’s financial results and follow with a question-and-answer period for analysts and investors. Participants may register in advance for...