An announcement from Extendicare ( (TSE:EXE) ) is now available.
Extendicare reported a significant increase in adjusted EBITDA for the fourth quarter of 2024, driven by improvements across all business segments. The company completed several strategic initiatives, including acquiring LTC homes from Revera Inc., opening new facilities, and redeeming convertible debentures, which strengthened its financial position. The company also announced a 5% increase in its monthly dividend, reflecting its improved performance and growth prospects.
More about Extendicare
Extendicare Inc. operates in the healthcare industry, primarily providing long-term care (LTC) services, home health care, and related services. The company focuses on expanding its LTC facilities and enhancing its service offerings through strategic acquisitions and joint ventures.
YTD Price Performance: 11.05%
Average Trading Volume: 149,216
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$981.6M
See more data about EXE stock on TipRanks’ Stock Analysis page.