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Algoma Central Corp T.ALC

Alternate Symbol(s):  AGMJF

Industrials
Algoma Central Corporation is a Canada-based marine shipping company. The Company owns and operates a fleet of dry and liquid bulk carriers’, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Its Domestic Dry-Bulk segment includes the Company’s 18 Canadian dry-bulk carriers. This segment serves industrial sectors, including iron and steel producers, aggregate producers, cement and building material producers, salt producers and agricultural product distributors. The Product Tankers segment fleet consist of seven product tankers employed in Canadian flag service and one international tanker operating in Canada. Its Ocean Self-Unloaders segment consists of eight ocean-going self-unloading vessels and a 25% interest in a ninth selfunloader. Its Global Short Sea Shipping segment, which consists of the Company's NovaAlgoma joint ventures, focuses on niche marine transportation markets featuring specialized equipment or services.


TSX:ALC - Post by User

Algoma Central Corp > NCIB Update in the quarterly report
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Comment by dangoodon Mar 19, 2024 1:44pm
159 Views
Post# 35941061

RE:RE:RE:RE:RE:NCIB Update in the quarterly report

RE:RE:RE:RE:RE:NCIB Update in the quarterly reportIn the latest Annual Information Form (February 2024 release) I believe the conversion price was mentioned to be $14.28 as of November, 2023. So it's likely a bit lower now with a few more dividends above the 10 cent threshold.
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