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Hampton Financial ( (TSE:HFC) ) has provided an update.
Hampton Financial Corporation announced the redemption and reinvestment of debentures in the principal amount of $2,175,000. The proceeds were reinvested into new non-convertible debentures and subordinate voting shares, with conditional approval from the TSX Venture Exchange. This strategic financial maneuver reflects Hampton’s commitment to strengthening its financial position and enhancing shareholder value.
More about Hampton Financial
Hampton Financial Corporation is a unique private equity firm focused on building shareholder value through long-term strategic investments. Through its wholly-owned subsidiary, Hampton Securities Limited (HSL), the company engages in family office, wealth management, institutional services, and capital markets activities. HSL is a full-service investment dealer operating in multiple Canadian provinces and offers investment banking services. Additionally, through its subsidiary Oxygen Working Capital, Hampton provides factoring and other commercial financing services across Canada.
YTD Price Performance: -1.14%
Average Trading Volume: 6,028
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$23.28M
Learn more about HFC stock on TipRanks’ Stock Analysis page.