Home Capital Group Inc 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.

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Home Capital Group Inc > Final Results of Substantial Issuer Bid

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Comment by organeeron Dec 30, 2021 1:56am

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Post# 34269889

RE:RE:Final Results of Substantial Issuer Bid

Based on my napkin calculations, After the SIB, book value per share should go up by 16% given the number of shares bought and absorbed. Using the September 2021 book value per share hcg (36.4), i find that the new book value should be around 42.xx now. Feel free to correct my math

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