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.

TSX:HCG - Post by User

Home Capital Group Inc

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Post by canaderon Jan 17, 2020 6:36pm

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NCIB is on!!

Normal Course Issuer Bid, Home Capital may purchase for cancellation up to 5,266,187 of its common shares (the “Common Shares”), representing approximately 10% of its public float as of January 16, 2020, calculated in accordance with TSX rules.

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