Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,562.38, up 176.50 points)
Barrick Gold Corp. (TSX:ABX). Materials. Up 22 cents, or 1.08 per cent, to $20.55 on 17.2 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 36 cents, or 1.58 per cent, to $23.10 on 15 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 58 cents, or 1.42 per cent, to $41.37 on 14.4 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down two cents, or 0.03 per cent, to $71.49 on 13.9 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 66 cents, or 1.06 per cent, $63.05 on 10.9 million shares.
CIBC (TSX:CM). Financials. Up 70 cents, or 1.11 per cent, to $64.01 on 9.6 million shares.
Companies in the news:
Kinross Gold Corp. (TSX:K). Up 47 cents, or 10.83 per cent, to $4.81. The company has announced an enhanced share buyback program following what the company calls "constructive discussions" with activist investor Elliott Investment Management LP. The Toronto-based miner said in a news release Monday that it will buy back $300 million in shares over the remainder of the year, and will allocate 75 per cent of excess cash to repurchase its own stock in 2023 and 2024.
Dye & Durham Ltd. (TSX:DND). Up eight cents, or 0.62 per cent, to $12.96. Australia's Link Administration Holdings Ltd. is rejecting proposed changes Dye & Durham Ltd. has made to its takeover offer. Toronto-based Dye & Durham lowered its bid from an original $4.81 (Australian) per Link share to $3.81, plus up to $1 per share depending on the outcome of a British watchdog's review.
This report by The Canadian Press was first published Sept. 19, 2022.
The Canadian Press
