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 > BB are back

<< Previous

Bullboard Posts

Next >>

Post by CanadianKiaon Dec 30, 2020 8:33am

224 Views

Post# 32195667

BB are back

alright, so HCG is finishiing off the BB at a max of $50M...

so sounds like they will issue either a new NCIB in the new year to make up for 2020 or maybe even the dividends.

That being said, they need to have a monumental share buy back if they want to, since the Q4 numbers are bound to be good and the shares will naturally rise. THey need to issue the bb at these lower Share prices we are seeing.

thoughts?

<< Previous

Bullboard Posts

Next >>

Understanding tax loss season and the “Santa Claus rally”