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Bullboard - Stock Discussion Forum 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... see more

TSX:HCG - Post Discussion

Home Capital Group Inc > SIB results
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Post by HermannHaller on Sep 14, 2022 1:04pm

SIB results

$44 million spent on the buyback, compared to the $115 million plan. Not a bad result I guess, as significant shares were repurchased, but the company still has almost $71 million in cash to do....

'Given our robust capital levels, we will continue with our efforts to create value through our capital program'

Another buyback to come? And what about the mysteriously bidder, do they come back now that this SIB is settled?
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