Yves Leduc Purchases 1,150 Shares of Transcontinental (TSE:TCL) Stock

Transcontinental (TSE:TCL) Director Yves Leduc purchased 1,150 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The stock was acquired at an average price of C$17.33 per share, with a total value of C$19,929.50.

Transcontinental Price Performance

Transcontinental has a 1-year low of C$23.27 and a 1-year high of C$31.95.

Transcontinental (TSE:TCL) last posted its quarterly earnings data on Wednesday, September 11th. The company reported C$0.60 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.56 by C$0.04. The company had revenue of C$700.00 million for the quarter, compared to analyst estimates of C$692.00 million.

Transcontinental Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, October 21st. Stockholders of record on Thursday, October 3rd will be given a $0.225 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $0.90 annualized dividend and a dividend yield of ∞.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.