Yves Leduc Buys 1,150 Shares of Transcontinental (TSE:TCL) Stock

Transcontinental (TSE:TCL) Director Yves Leduc purchased 1,150 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average cost of C$17.33 per share, with a total value of C$19,929.50.

Transcontinental Price Performance

Transcontinental has a twelve month low of C$23.27 and a twelve month high of C$31.95.

Transcontinental (TSE:TCL) last issued its quarterly earnings data on Wednesday, September 11th. The company reported C$0.60 EPS for the quarter, beating the consensus estimate of C$0.56 by C$0.04. The firm had revenue of C$700.00 million for the quarter, compared to analysts’ expectations of C$692.00 million.

Transcontinental Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 21st. Investors of record on Thursday, October 3rd will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 3rd.

About Transcontinental

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.