High Liner Foods Streamlines Shares, Boosts Value
Company Announcements

High Liner Foods Streamlines Shares, Boosts Value

High Liner Foods (TSE:HLF) has released an update.

High Liner Foods has finalized a settlement leading to the cancellation of 2.43 million shares, reducing the total shares outstanding by 7.4%, aimed at enhancing shareholder value and earnings per share. This move follows legal proceedings related to the acquisition of Rubicon Resources, with the settlement also including a payment of approximately USD $5.79 million from Rubicon vendors to High Liner Foods.

For further insights into TSE:HLF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskHigh Liner Foods Reports Strong Q3 Earnings
Jason CarrHigh Liner Foods (HLF) Q3 Earnings Cheat Sheet
TipRanks Canadian Auto-Generated NewsdeskHigh Liner Foods Sees Robust Earnings Growth in Q2
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App