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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Home Capital Group Inc
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Comment by Stoogeon Dec 20, 2018 2:39pm
92 Views
Post# 29142224

RE:RE:Other than BH, only 7% tendered

RE:RE:Other than BH, only 7% tendered
riverrrow wrote: BH could have tendered his shares at $18.50 and still would have sold a lot of shares for $2 more per share. However, seeing yesterdays market response all those tendering at $16.50 are grinning from ear to ear. GLTA.

I don't understand why any small shareholder would tender their shares at $16.50 when the market price was higher. Can someone explain?
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