Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMNF | RTMAF | V.RET.A

Consumer Cyclical Apparel Stores

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.

TSXV:RET - Post by User

Reitmans Ord Shs > Re Re Re Re Ret no NCIB No Div, just cash

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Comment by savyinvestor333on Dec 12, 2022 3:47pm

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Post# 35166925

RE:RE:RE:RE:RE:RE:Re Re Re Re Ret no NCIB No Div, just cash

tomperns wrote: Very possible; that's why I have accumulated voting shares; so I can have aligned interests with Steven Reitman

I think your voting shares will count about the same as my non voting shares in any transaction. Unless you have a greater than 10% holding pretty hard to exert any influence. Only thing is I have paid roughly 20% less for the non voting than the voting shares. Also we would receive the same buyout price for either class of share so for me I can't see paying any premium for the voting shares.

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