Laurentian Bank of Canada T.LB

Alternate Symbol(s): LRCDF | LAUCF | T.LB.PR.H

Financial Services

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.

TSX:LB - Post by User

Laurentian Bank of Canada > BUYOUT OFFER 45$ : MAXIMUM

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Post by insidersnoop1on Jul 15, 2023 5:35pm

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Post# 35542815

BUYOUT OFFER 45$ : MAXIMUM

Take a look at the 5 year chart. The share price never held above 45$ for long. Buyout offer won't exceed 10X earnings per share, namely 49.65$. I sold at 42.66$ for a 30% profit over 4 months. For now, there is no offer on the table so it's pure speculation.

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