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South Bow Corp ( (TSE:SOBO) ) just unveiled an update.
South Bow Corp announced that its shareholders approved all resolutions at the annual general meeting, including the appointment of 11 board members and KPMG LLP as auditors, as well as the company’s executive compensation approach. These approvals reflect strong shareholder support and are expected to reinforce South Bow’s strategic direction and operational stability following its recent establishment as a standalone entity.
The most recent analyst rating on (TSE:SOBO) stock is a Hold with a C$36.00 price target. To see the full list of analyst forecasts on South Bow Corp stock, see the TSE:SOBO Stock Forecast page.
More about South Bow Corp
South Bow Corp is a company that operates 4,900 kilometers of crude oil pipeline infrastructure, connecting Alberta crude oil supplies to U.S. refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast. Based in Calgary, Alberta, South Bow is a spinoff of TC Energy and focuses on providing safe and reliable transportation of crude oil to North America’s highest demand markets.
Average Trading Volume: 1,640,171
Technical Sentiment Signal: Hold
Current Market Cap: C$7.33B
For detailed information about SOBO stock, go to TipRanks’ Stock Analysis page.