goeasy Ltd Announces Election of Directors streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
goeasy Ltd. (TSX: GSY), (“
goeasy” or the “
Company”), a leading full-service provider of goods and alternative financial services, announced today the successful completion of the acquisition of LendCare Holdings Inc. (“
LendCare”), a Canadian point-of-sale consumer finance and technology company, from LendCare’s founders and CIVC Partners (the “
Acquisition”) for $320 million, excluding closing adjustments, payable in a combination of cash and $10 million in common shares issued to LendCare’s founders as part of their consideration.
Announced on April 12, 2021, the Acquisition of LendCare is expected to accelerate goeasy’s growth in the consumer credit market through the expansion of its product range and point-of-sale distribution platform. Founded in 2004, LendCare is one of Canada’s leading point-of-sale financing providers, with approximately 3,000 merchant, OEM and distributor relationships nationwide. Through its proprietary origination software,
Share:
goeasy Ltd. (TSX:GSY), (
goeasy or the
Company ), a leading full-service provider of goods and alternative financial services, is pleased to announce that its common shares will be added by Dow Jones to the S&P/TSX Composite Index effective March 22, 2021, prior to the open of trading on the Toronto Stock Exchange ( TSX ). Our inclusion in the benchmark Canadian index reflects the strong value that has been created for shareholders over the past two decades, said Jason Mullins, President and Chief Executive Officer, While there is much to be proud of, we are truly just getting started. We are in the early stages of executing our long-term strategy to expand our range of products, develop our channels of distribution, increase our geographic footprint and deliver a best-in-class customer experience, as we continue on our journey to become the leading non-prime lender in Canada.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
goeasy Ltd. Reports Record Results for the Fourth Quarter and Full Year
goeasy Ltd.February 17, 2021 GMT
Loan Portfolio of $1.25 billion, up 12% Adjusted Quarterly Diluted Earnings per Share of $2.24, up 55% Adjusted Annual Net Income of $118 million, up 47% Adjusted Annual Diluted Earnings per Share of $7.57, up 46% Annual Dividend per Share Increased to $2.64, up 47%
MISSISSAUGA, Ontario, Feb. 17, 2021 (GLOBE NEWSWIRE)
goeasy Ltd. (TSX: GSY), (“
goeasy ” or the “Company”), a leading full-service provider of goods and alternative financial services, announced its results for the fourth quarter and full year ended December 31, 2020.
goeasy Ltd Reports Record Results for the Fourth Quarter and Full Year financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.