19:39:28 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Cymbria Corp
Symbol CYB
Shares Issued 16,295,074
Close 2024-01-10 C$ 60.89
Market Cap C$ 992,207,056
Recent Sedar Documents

Cymbria to redeem Class A, Class J shares Feb. 22

2024-01-11 12:06 ET - News Release

An anonymous director reports

CYMBRIA CORPORATION ANNOUNCES LIQUIDITY REALIZATION OPPORTUNITY

Cymbria Corp. intends to redeem up to $39,162,150 of Class A shares at a price equal to 97 per cent of the average adjusted net asset value (aNAV) per Class A share for the five trading days immediately preceding Feb. 22, 2024 (the redemption date), and up to $17,397,821 of Class J shares at a price equal to 97 per cent of the average aNAV per Class J share for the five trading days immediately preceding the redemption date.

The deadline by which holders of shares wishing to participate must provide a duly completed redemption notice indicating their intention to tender for redemption one or more shares is 5 p.m. Toronto time on Feb. 20, 2024.

On the day following the redemption notice deadline, Cymbria will publicly announce the total number of shares tendered for redemption, the number of shares it intends to redeem and the price per redeemed share. Cymbria will redeem the redeemed shares on Feb. 22, 2024, and will pay the redemption price for each redeemed share no later than March 7, 2024.

For more detailed information, please refer to the notice of redemption.

Share buybacks

Under the current active normal course issuer bid, Cymbria repurchased 165,004 Class A shares for approximately $9.8-million.

About Cymbria Corp.

Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an actively managed portfolio comprising primarily global equities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the Toronto Stock Exchange on Nov. 4, 2008, under the symbol CYB.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.