TORONTO — Some of the most active companies traded on Fridays on the Toronto Stock Exchange:
Toronto Stock Exchange (NUMBER, increase or decrease NUMBER):
Manulife Financial Group (TSX: MFC). Finance. Up 34 cents, or 1.35%, to $25.53 on 14.2 million shares.
Suncor Energy Company. (TSX:SU). Energy. Up seven cents, or 0.18 percent, to $38.86 per 11.0 million shares.
Enbridge Inc. (TSX:ENB). Energy. Dropped 7 cents, or 0.14%, to $48.85 on 9.1 million shares.
Natural Resources Canada Limited (TSX:CNQ). Energy. Up 65 cents, or 0.87%, to $75.82 on 6.1 million shares.
Sun Life Financial Inc. (TSX: SLF). Finance. Up 63 cents, or 0.95%, to $66.95 on 6.0 million shares.
Bank of Toronto-Dominion. (TSX:TD). Finance. Up 48 cents, or 0.62%, to $78.26 on 4.4 million shares.
Companies in the news:
Suncor Energy Company. (TSX:SU). Energy. Up 7 cents, or 0.18%, to $38.86. U.S. oil company ConocoPhillips on Friday said it would exercise its right of first refusal and buy TotalEnergies’ 50% stake in the Surmont oil sands project for $4 billion. The move to buy the remaining stake in the US company is a blow to Suncor Energy Inc. Calgary-based, the company announced in April its intention to acquire Total’s Surmont stake as part of a larger $6.1 billion deal that will also help Suncor acquire the French company’s shares. of Total in the Fort Hills oil sands project.
Bank of Western Canada. (TSX:CWB). Finance. Down $1.43, or 5.86%, to $22.99. CWB Financial Group raised its quarterly dividend as it reported a drop in second-quarter profit from a year ago and said it is targeting lower-than-expected annual loan growth. The Edmonton-based bank said it will now pay a quarterly dividend of 33 cents per share, up one cent from 32 cents per share. The increased payment comes as the CWB said its common stockholders’ net income totaled $70.0 million or 73 cents per diluted share for the quarter ended April 30. , down from $74.2 million or 82 cents per diluted share in the same quarter a year earlier.
This Canadian Press report was first published on May 26, 2023.
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