Activist calls on Parkland to buy back shares and reduce debt – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
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Breaking News, Sports, Manitoba, Canada
In its latest letter to the board, Engine Capital asked Parkland to use the proceeds from asset sales to pay down around $600-million over the next two years
An activist investor that pushed for changes at Parkland Corp. earlier this year is making new recommendations such as prioritizing share buybacks.
In a flash poll conducted by WealthManagement.com this week, half of Avantax advisors said the acquisition makes them more likely to consider changing firms.
The chief executive of German chemical distribution group Brenntag , which has come under pressure from activist investors to break up its businesses, said he welcomed billionaire Klaus-Michael...