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Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWF

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance (including equipment finance throughout North America and vehicle finance and legal sector finance in Canada), as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee); Tandem Finance Inc. (Tandem); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.


TSX:CHW - Post by User

Post by Nashville35on Nov 08, 2022 2:51pm
312 Views
Post# 35083002

october buyback

october buyback

monthly buyback report filed.

chw bought max allowable pretty much every trading day in october (3,886).

good use of excess capital .  hope buyback persists .  

assume current stock price and max daily buyback and upped div (as of early 2023 of $0.05 per share), annualized run  rate return to shareholders wud be ~$22.8m, vs mkt cap of $204 million.  >11 percent total shareholder yield...


 

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