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 > What would happen if shares got consolidated?

<< Previous

Bullboard Posts

Next >>

Post by robocop123on Dec 15, 2023 8:01pm

256 Views

Post# 35787799

What would happen if shares got consolidated?

Any thoughts on what happens if we consolidate to a single share class? Would voting or non-voting shares likely outperform? My initial take was that non-voting would outperform, as they receive voting rights and shares get consolidated. However, I could also see current voting shares being converted at a premium to non-voting when coming up with a new class. What are your thoughts? Which shares are you guys buying? I'm buying both as I think LT, it doesn't matter since the stock is worth ~3x current price IMO.

<< Previous

Bullboard Posts

Next >>

Critical materials crisis: Diversifying away from China’s monopoly