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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

Comment by organeeron Dec 22, 2021 4:01pm
79 Views
Post# 34255934

RE:RE:RE:SIB: $43.50, 45% of shares. Wooohooo!

RE:RE:RE:SIB: $43.50, 45% of shares. Wooohooo!Congrats to all who are winning with hcg. Thanks to this board for helping me out. Annoucement says the following. Can someone who understands the terms tell me when we are expected to get our 45% in cash back? What is the two trading day settlement period and does it have anything to do with when we receive our cash? Thanks The number of Shares to be purchased under the Offer and the Purchase Price and the proration factor are preliminary, subject to verification by the Depositary and assume that all Shares tendered through notice of guaranteed delivery will be delivered within the two trading day settlement period. Home Capital will announce the final results following completion of take-up of the Shares.
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