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AutoCanada Inc. (T:ACQ)

Business Focus: Auto Vehicles, Parts & Service Retailers (NEC)

Dec 22, 2022 04:16 pm ET
AUTOCANADA RECEIVES TSX APPROVAL FOR RENEWAL OF NORMAL COURSE ISSUER BID
EDMONTON, AB, Dec. 22, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its normal course issuer bid ("NCIB"), Pursuant to the NCIB, AutoCanada may purchase up to 1,350,048 common shares during the 12-month period commencing December 28, 2022 and ending December 27, 2023 or such earlier date as the Company may complete its purchases under the NCIB.
Dec 20, 2022 06:05 pm ET
AUTOCANADA ANNOUNCES INTENTION TO RENEW NORMAL COURSE ISSUER BID
EDMONTON, AB, Dec. 20, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that the Company intends to file with the Toronto Stock Exchange ("TSX") a notice of intention to commence a normal course issuer bid ("NCIB"), as part of its overall capital allocation strategy. The NCIB renews the existing NCIB, which is scheduled to terminate on December 22, 2022.
Dec 20, 2022 05:59 pm ET
AUTOCANADA ANNOUNCES APPOINTMENT OF AZIM LALANI AS ITS NEW CHIEF FINANCIAL OFFICER
EDMONTON, AB, Dec. 20, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that Azim Lalani will be appointed as its new Chief Financial Officer, effective in the first quarter of 2023.  He will be based at the Company's Edmonton headquarters.
Dec 19, 2022 08:55 am ET
AutoCanada Announces Results of its Substantial Issuer Bid
EDMONTON, AB, Dec. 19, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today the results of its substantial issuer bid to purchase up to $50,000,000 in value of its common shares from its shareholders, which expired on December 16, 2022.
Dec 01, 2022 06:34 pm ET
AUTOCANADA FURTHER EXPANDS INTO SOUTHERN ONTARIO WITH ACQUISITION OF STERLING HONDA
EDMONTON, AB, Dec. 1, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Sterling Honda located in Hamilton, Ontario.
Nov 09, 2022 06:38 pm ET
AUTOCANADA ANNOUNCES INTENTION TO COMMENCE SUBSTANTIAL ISSUER BID
EDMONTON, AB, Nov. 9, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today its intention to commence a substantial issuer bid to purchase up to $50,000,000 of its common shares from its shareholders for a minimum price of $25.00 per share and a maximum price of $28.00 per share by way of a "modified Dutch auction".  The bid would be for approximately 7.87% of the outstanding shares if the purchase price is determined to be $25.00 per share or approximately 7.03% of the outstanding shares if the purchase price is determined to be $28.00 per share.
Nov 09, 2022 06:28 pm ET
AUTOCANADA REPORTS RECORD THIRD QUARTER RESULTS
Revenue was $1,623.9 million as compared to $1,206.8 million in the prior year, an increase of 34.6%Net income for the period was $32.9 million versus net income of $38.8 million in the prior yearAdjusted EBITDA1 was $76.4 million versus $68.3 million in the prior year, an increase of 11.9%Adjusted EBITDA margin1 was 4.7% versus the adjusted EBITDA margin1 of 5.7% in the prior year, a decrease of (1.0) percentage pointsDiluted earnings per share was $1.16, a decrease of $(0.11) from $1.27 in the prior yearIndebtedness of $460.3 million at the end of Q3 2022 compares to $375.0 million at the
Nov 07, 2022 06:15 pm ET
AutoCanada expands presence in the greater toronto area, acquiring Two luxury collision centres in scarborough, ontario
EDMONTON, AB, Nov. 7, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired two luxury collision centre locations – Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest, both located in Scarborough, Ontario.
Oct 31, 2022 07:32 am ET
AUTOCANADA ACQUIRES KAVIA AUTO BODY IN SASKATOON, SASKATCHEWAN
EDMONTON, AB, Oct. 31, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Kavia Auto Body, a collision centre located in Saskatoon, Saskatchewan.
Oct 27, 2022 05:15 pm ET
AUTOCANADA ANNOUNCES CONFERENCE CALL AND WEBCAST DETAILS FOR Q3 2022 FINANCIAL RESULTS
EDMONTON, AB, Oct. 27, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the quarter ended September 30, 2022 on Wednesday, November 9, 2022 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Thursday, November 10, 2022 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Oct 04, 2022 05:14 pm ET
AUTOCANADA ACQUIRES NORTH TORONTO AUCTION
EDMONTON, AB, Oct. 4, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it has acquired North Toronto Auction ("NTA"), a fee-based used vehicle auction business, serving dealers and consumers alike, located in Innisfil, Ontario.
Sep 26, 2022 07:32 am ET
AUTOCANADA EXPANDS USED DIGITAL RETAIL DIVISION WITH ACQUISITION OF AUTO GALLERY OF WINNIPEG
EDMONTON, AB, Sept. 26, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it has acquired Auto Gallery of Winnipeg, an independent used vehicle dealership in Winnipeg, Manitoba. 
Aug 22, 2022 07:31 am ET
AUTOCANADA ACQUIRES VELOCITY AUTOBODY IN MARKHAM, ONTARIO
EDMONTON, AB, Aug. 22, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Velocity Autobody, a Tesla certified, I-CAR Gold Class collision centre located in Markham, Ontario. 
Aug 16, 2022 07:31 am ET
AutoCanada Announces Results of its Substantial Issuer Bid
EDMONTON, AB, Aug. 16, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today the results of its "modified Dutch auction" substantial issuer bid (the "Offer"). Pursuant to the Offer, the Company offered to purchase up to $100,000,000 in value of its outstanding common shares (the "Shares") from its shareholders. Following the extension of the Offer announced on August 2, 2022, the Offer expired at 5:00 p.m. (Toronto time) on August 15, 2022.
Aug 10, 2022 07:06 pm ET
AUTOCANADA REPORTS RECORD SECOND QUARTER RESULTS
Revenue was $1,686.0 million as compared to $1,281.1 million in the prior year, an increase of 32% and the highest second quarter revenue reported in the Company's historyNet income for the period was $39.1 million, which includes $10.0 million of incremental inventory writedowns, versus net income of $37.7 million in the prior yearAdjusted EBITDA1 was $75.6 million versus $70.5 million in the prior year, an increase of 7.2%; normalized increase of 11.9% as compared to prior year normalized adjusted EBITDA1 of $67.5 millionAdjusted EBITDA margin1 was 4.5% versus the normalized adjusted EBITD
Aug 02, 2022 06:35 pm ET
AUTOCANADA EXPANDS INTO WESTERN MANITOBA WITH ACQUISITION OF KELLEHER FORD DEALERSHIP AND COLLISION CENTRE IN BRANDON, MANITOBA
EDMONTON, AB, Aug. 2, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Kelleher Ford, a new and used vehicle Ford dealership and collision centre, located in Brandon, Manitoba. 
Aug 02, 2022 07:31 am ET
AutoCanada Announces Increase to Price Range and Extension of its Substantial Issuer Bid
EDMONTON, AB, Aug. 2, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today the amendment of the terms of its previously announced substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase up to $100,000,000 in value of its outstanding common shares (the "Shares") from its shareholders ("Shareholders") to increase the price range at which Shares will be purchased in the Offer to a price of not less than $25.00 and not more than $28.00 (the "Enhanced Range"). The Enhanced Range varies the original price range of the Offer of no
Jul 25, 2022 07:46 am ET
AUTOCANADA ANNOUNCES SELECTED PRELIMINARY SECOND QUARTER 2022 RESULTS
EDMONTON, AB, July 25, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, is pleased to announce the following preliminary unaudited highlights of what it expects to report in respect of its second quarter 2022 results. The preliminary results announced are consistent with management's expectations for the fiscal quarter and are being disclosed at this time because the Company's scheduled quarterly earnings release date of August 10, 2022 (see below for further details) is after the expiry of its subst
Jul 04, 2022 08:06 am ET
AutoCanada Acquires Burwell Auto Body in London, ontario
EDMONTON, AB, July 4, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Burwell Auto Body, a luxury-brand focused collision centre located in London, Ontario.
Jun 28, 2022 07:44 am ET
AutoCanada Announces Intention to Commence Substantial Issuer Bid
EDMONTON, AB, June 28, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today its intention to commence a substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase up to $100,000,000 in value of its outstanding common shares (the "Shares") from its shareholders ("Shareholders") at a price of not less than $22 and not more than $25 per Share.
May 05, 2022 07:06 pm ET
AUTOCANADA ANNOUNCES ELECTION OF DIRECTORS AND VOTING RESULTS
EDMONTON, AB, May 5, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual and Special Meeting (the "Meeting") held on May 5, 2022. A total of 19,725,149 common shares (representing 73.19% of the issued and outstanding common shares of the Company) were represented virtually or by proxy at the Meeting. Each of the following nominees listed in the management information circular dated March 25, 2022 were duly elected as directors of the Company for the ensui
May 04, 2022 07:24 pm ET
AUTOCANADA REPORTS RECORD FIRST QUARTER RESULTS
Revenue was $1,342.4 million as compared to $969.8 million in the prior year, an increase of 38.4% and the highest first quarter revenue reported in the Company's historyNet income for the period was $4.3 million versus $21.3 million in the prior year and includes a loss on extinguishment of embedded derivative of $(29.3) million and a loss on extinguishment of debt of $(9.9) million in Q1 2022Adjusted EBITDA1 was $62.2 million versus $47.2 million in the prior year, an increase of 31.7%; normalized increase of 60.6% as compared to prior year normalized adjusted EBITDA1 of $38.7 millionAdjus
May 02, 2022 08:37 pm ET
AUTOCANADA CONTINUES TO EXPAND ONTARIO FOOTPRINT WITH ACQUISITION OF AUDI WINDSOR AND PORSCHE OF LONDON
EDMONTON, AB, May 2, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has acquired Porsche of London and Audi Windsor (the "dealerships"), located in London and Windsor, Ontario, respectively. 
Apr 21, 2022 05:16 pm ET
AUTOCANADA ANNOUNCES CONFERENCE CALL AND WEBCAST DETAILS FOR Q1 2022 FINANCIAL RESULTS AND 2022 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
EDMONTON, AB, April 21, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the quarter ended March 31, 2022 on Wednesday, May 4, 2022 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Thursday, May 5, 2022 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Apr 08, 2022 08:10 am ET
AUTOCANADA SIGNIFICANTLY EXPANDS EXECUTIVE LEADERSHIP TEAM
EDMONTON, AB, April 8, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today announced that it has made the following appointments to further strengthen the Company's executive team:
Mar 02, 2022 11:41 pm ET
AUTOCANADA REPORTS RECORD FOURTH QUARTER RESULTS
Revenue was $1,195.8 million as compared to $876.1 million in the prior year, an increase of 36.5% and the highest fourth quarter revenue reported in the Company's history Net income for the period was $69.4 million versus $24.3 million in the prior year and includes recovery of non-financial assets of $39.8 million in Q4 2021 and $11.2 million in Q4 2020 Net income margin1 was 5.8% versus 2.8% in the prior year, an increase of 3.0 percentage points Adjusted EBITDA2 was $65.9 million versus $40.5 million in the prior year, an increase of 62.8% Adjusted EBITDA margin2 was 5.5% versus 4.6% in
Feb 16, 2022 05:31 pm ET
AUTOCANADA ANNOUNCES CONFERENCE CALL AND WEBCAST DETAILS FOR FY2021 FINANCIAL RESULTS
EDMONTON, AB, Feb. 16, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the year ended December 31, 2021 on Wednesday, March 2, 2022 after the close of markets. The Company will hold a conference call and webcast to discuss the results Thursday, March 3, 2022 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Jan 20, 2022 03:56 pm ET
AUTOCANADA ANNOUNCES PRICING OF ITS UPSIZED PRIVATE OFFERING OF $350 MILLION 5.75% SENIOR UNSECURED NOTES DUE 2029 AND REDEMPTION OF 2025 SENIOR NOTES
EDMONTON, AB, Jan. 20, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, is pleased to announce that it has upsized and priced its previously announced offering (the "Offering") of senior notes.  The Offering consists of $350 million aggregate principal amount of senior unsecured notes due February 7, 2029 (the "Notes"), which is an increase from the previously announced offering size of $300 million. Interest on the Notes will accrue at the rate of 5.75% per annum and will be payable semi-annually
Jan 17, 2022 07:45 pm ET
AUTOCANADA ANNOUNCES FIXED INCOME INVESTOR UPDATE AND SELECTED PRELIMINARY 2021 FOURTH QUARTER RESULTS
EDMONTON, AB, Jan. 17, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, is pleased to announce that it is meeting with fixed income investors to provide an update on its operations and acquisitions, including its recently announced acquisition of 11 dealerships from the Autopoint Group.  In connection with its update to fixed income investors, AutoCanada is providing the following preliminary unaudited highlights of what it expects to report in respect of its fourth quarter 2021 results, as well as m
Dec 20, 2021 06:32 pm ET
AUTOCANADA RECEIVES TSX APPROVAL FOR NORMAL COURSE ISSUER BID
EDMONTON, AB, Dec. 20, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that the Toronto Stock Exchange ("TSX") has accepted the Company's notice of intention to commence a normal course issuer bid ("NCIB") to purchase up to 1,730,321 common shares during the 12-month period commencing December 23, 2021 and ending December 22, 2022 or such earlier date as the Company may complete its purchases under the NCIB.
Dec 16, 2021 05:11 pm ET
AUTOCANADA ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID
EDMONTON, AB, Dec. 16, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that the Company intends to file with the Toronto Stock Exchange ("TSX") a notice of intention to commence a normal course issuer bid ("NCIB"), as part of its overall capital allocation strategy.
Dec 01, 2021 01:02 pm ET
IIROC Trade Resumption - ACQ
TORONTO, Dec. 1, 2021 /CNW/ - Trading resumes in:
Dec 01, 2021 12:39 pm ET
AutoCanada Doubles Ontario Footprint, Adding $345 Million in Annual Revenue with Acquisition of Autopoint Group
Strategic acquisition provides strong brand and geographic diversification, adding 11 dealerships across the high-growth Southwestern Ontario market
Dec 01, 2021 12:39 pm ET
IIROC Trading Halt - ACQ
TORONTO, Dec. 1, 2021 /CNW/ - The following issues have been halted by IIROC:
Nov 09, 2021 06:10 pm ET
AutoCanada Reports Record Third Quarter Results - Record Revenue of $1.2 Billion - Adjusted EBITDA of $68.3 Million Ahead of Prior Year by 12% and by 25% on a Normalized Basis
Revenue was $1,206.8 million as compared to $1,017.1 million in the prior year, an increase of 19% and the highest third quarter revenue reported in the Company's history Net income for the period was $38.8 million versus $36.0 million in 2020 Adjusted EBITDA was $68.3 million versus $61.1 million in the prior year, an increase of 12%; normalizing for non-recurring government assistance of $6.3 million in the prior year, results were ahead of prior year by 25% Net indebtedness of $29.8 million at the end of Q3 2021 compares to $21.6 million at the end of Q2 2021; net debt leverage on a pre-I
Oct 27, 2021 05:03 pm ET
AutoCanada Announces Conference Call and Webcast Details for Q3 2021 Financial Results
EDMONTON, AB, Oct. 27, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the quarter ended September 30, 2021 on Tuesday, November 9, 2021 after the close of markets. The Company will hold a conference call and webcast to discuss the results Wednesday, November 10, 2021 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Oct 04, 2021 08:14 am ET
AutoCanada Acquires Airdrie Autobody
EDMONTON, AB, Oct. 4, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it has completed the acquisition of Airdrie Autobody, a collision centre located in Airdrie, Alberta.
Sep 14, 2021 08:01 am ET
AutoCanada Featured in TSX30 List Recognizing Canada's Top Performing Stocks
EDMONTON, AB, Sept. 14, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that the Company was recognized by the Toronto Stock Exchange as a top-performing company on the Toronto Stock Exchange's 2021 TSX30 list. TSX30 highlights the 30 top-performing TSX stocks, based on dividend-adjusted share price appreciation over a three-year period.  AutoCanada's inclusion underscores the success of the Go Forward plan initially outlined in 2018, as well as the continued efforts of AutoCanada's team, which ha
Sep 14, 2021 07:00 am ET
Toronto Stock Exchange Announces the 2021 TSX30, Showcasing the Exchange's Top-Performing Companies
Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony
Sep 13, 2021 08:31 am ET
AutoCanada Acquires Autolux MB Collision
EDMONTON, AB, Sept. 13, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it has acquired Autolux MB Collison ("Autolux"), a luxury-brand focused collision centre located in Montreal, Quebec.
Aug 11, 2021 07:46 pm ET
AutoCanada Reports Record Second Quarter Results - Net Income Of $37.7 Million Outpaces Prior Year by 288% and Adjusted EBITDA of $70.5 Million Ahead of Prior Year by 1,360%
Revenue was $1,281.1 million as compared to $727.4 million in the prior year, an increase of 76.1% and the highest second quarter revenue reported in the Company's history Net income (loss) for the period was $37.7 million versus $(20.1) million in 2020 Adjusted EBITDA was $70.5 million versus $4.8 million in the prior year, an increase of 1,360%; pre-IFRS 16 Adjusted EBITDA was $59.6 million versus $(5.4) million, an increase of 1,210%; on a trailing twelve month basis, pre-IFRS 16 Adjusted EBITDA was $176.4 million Fully diluted earnings per share was $1.23, an increase of $1.95 from $(0.7
Aug 10, 2021 08:25 am ET
AutoCanada Expands Used Digital Retail Division With Acquisition of Mark Wilson's Better Used Cars
EDMONTON, AB, Aug. 10, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it has acquired Mark Wilson's Better Used Cars ("Wilson's"), an independent used vehicle dealership in Guelph, Ontario.  Along with AutoCanada's previous acquisition of Haldimand Motors, this acquisition advances AutoCanada's strategic objective of developing a Used Digital Retail Division in the Canadian pre-owned vehicle market.
May 07, 2021 08:52 am ET
AutoCanada Announces Election of Directors and Voting Results
EDMONTON, AB, May 7, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual Meeting held on May 6, 2021. A total of 19,937,451 common shares (representing 72.61% of the issued and outstanding common shares of the Company) were represented virtually or by proxy at the meeting. Each of the following nominees listed in the management information circular dated March 23, 2021 were duly elected as directors of the Company for the ensuing year:
May 05, 2021 07:11 pm ET
AutoCanada Reports Record 2021 First Quarter Results
Adjusted EBITDA of $47.2 million outpaces prior year by 723% and Canadian market outperformance is extended to ninth consecutive quarter
Apr 22, 2021 08:41 am ET
AutoCanada Announces Closing of its Private Offering of Additional Senior Notes Due 2025
EDMONTON, AB, April 22, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) is pleased to announce that it has closed its previously announced private placement offering (the "Offering") of senior notes. The Offering consisted of an additional $125 million aggregate principal amount of its existing 8.75% senior unsecured notes due February 11, 2025 (the "Notes") at a price of 106.625% plus accrued interest from and including February 11, 2021, which was increased from the initial offering size of $100 million. Upon closing of the Offering, the total principal amount of th
Apr 15, 2021 05:31 pm ET
AutoCanada Announces Upsize and Pricing of its Private Offering of Additional Senior Notes Due 2025 at a Re-Opening Price of 106.625%
EDMONTON, AB, April 15, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), is pleased to announce that it has increased and priced its previously announced offering (the "Offering") of senior notes. The Offering consists of an additional $125 million aggregate principal amount of its existing 8.75% senior unsecured notes due February 11, 2025 (the "Notes") at a price of 106.625% plus accrued interest from and including February 11, 2021, which was increased from the previously announced offering size of $100 million. The Notes are being offered and sold to "accredited i
Apr 14, 2021 08:00 am ET
AutoCanada Announces Add-On Offering of $100,000,000 Senior Notes to Existing 8.75% Senior Unsecured Notes Due 2025, Extension of Credit Facility for Three Years and Selected Preliminary 2021 First Qu
EDMONTON, AB, April 14, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, is pleased to announce that it intends to offer (the "Offering") an additional $100 million aggregate principal amount of its existing 8.75% senior unsecured notes due 2025 (the "Notes"). The Notes will be offered and sold to "accredited investors" in certain provinces of Canada on a private placement basis.  Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc. are acting as Joint
Apr 05, 2021 08:00 am ET
AutoCanada Acquires PG Klassic Autobody
EDMONTON, AB, April 5, 2021 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, announced that it has completed the acquisition of PG Klassic Autobody in Prince George, British Columbia.
Dec 01, 2020 08:11 am ET
AutoCanada Announces Strategic Acquisition of Haldimand Motors by Used Digital Retail Division
Newly Formed Used Digital Retail Division to Drive Used Vehicle Sales Across All Channels (Omni-Channel), Including Completely Online
Nov 12, 2020 06:50 pm ET
AutoCanada Reports Record Setting 2020 Third Quarter Results - Adjusted EBITDA of $61.1 Million, 87.9% Ahead of Prior Year, Outperformed Canadian Market for Seventh Consecutive Quarter, and Significan
Revenue was $1,017.1 million as compared to $981.9 million in the prior year, an increase of 3.6% and the first time the Company has exceeded $1 billion in sales in a single quarter Adjusted EBITDA was $61.1 million versus $32.5 million in the prior year, an increase of 87.9%; Adjusted EBITDA Pre-IFRS 16 was $50.2 million versus $23.0 million, an increase of 118.5% Adjusted EBITDA margin of 6.0% versus 3.3% in the prior year, an increase of 2.7 percentage points Outperformed the Canadian new retail vehicle market for the seventh consecutive quarter with same store new retail unit sales incre
Nov 03, 2020 04:55 pm ET
Rob Steele donates shares of AutoCanada Inc. to a registered charity
DARTMOUTH, NS, Nov. 3, 2020 /CNW/ - Robert G. Steele announces that today, through his company Steele Auto Investments Limited, he has donated 17,391 common shares of AutoCanada Inc. ("AutoCanada") (TSX: ACQ), representing approximately 0.06% of those outstanding, to a Canadian registered charity.
Oct 28, 2020 06:26 pm ET
AutoCanada Announces Conference Call and Webcast Details for Q3 2020 Financial Results
EDMONTON, AB, Oct. 28, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the quarter ended September 30, 2020 on Thursday, November 12, 2020 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Friday, November 13, 2020 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Oct 08, 2020 05:01 pm ET
AutoCanada and Quorum’s DealerMine division announce expanded Strategic Partnership
Quorum Information Technologies Inc. (TSX Venture: QIS) ("Quorum" or the "Corporation"), announced that AutoCanada (TSX: ACQ) and Quorum’s DealerMine division have broadened their strategic partnership and DealerMine will now provide expanded...
Sep 28, 2020 08:14 am ET
AutoCanada Strengthens Board with Appointment of New Board Member
EDMONTON, AB, Sept. 28, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced it has recruited and appointed Mr. Lee Matheson to its Board of Directors effective immediately.
Aug 13, 2020 05:01 pm ET
Rob Steele Announces Investment in AutoCanada Inc.
DARTMOUTH, NS, Aug. 13, 2020 /CNW/ - Robert G. Steele announces that today, through his company Steele Auto Investments Limited, he has acquired 24,000 common shares of AutoCanada Inc. ("AutoCanada") (TSX: ACQ) through facilities of the Toronto Stock Exchange at a price of $17.25 per share for aggregate consideration of $414,000.
Aug 11, 2020 09:16 pm ET
AutoCanada Reports Strong 2020 Second Quarter Results - Outperformed Canadian Market for Sixth Consecutive Quarter, Significantly Reduced Net Indebtedness and Advanced Strategic Priorities
Revenue was $727.4 million as compared to $945.8 million in the prior year, a decrease of (23.1)%Canadian total retail unit sales progressively improved from a decrease of (50)% for the month of April to a decrease of (25)% for the month of May to an increase of 33% for the month of June (all changes year-over-year)Significantly outperformed the Canadian market with same store new retail unit sales decreasing (23.9)% compared to the Canadian market decrease of (44.3)% as reported by DesRosiers Automotive ConsultantsCanadian used to new retail units ratio increased 36.8% to 1.00 from 0.73 las
Jul 30, 2020 04:43 pm ET
AutoCanada Announces Conference Call and Webcast Details for Q2 2020 Financial Results
EDMONTON, AB, July 30, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a multi-location North American automobile dealership group, announced that it will release its financial results for the quarter ended June 30, 2020 on Tuesday, August 11, 2020 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Wednesday, August 12, 2020 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Jun 25, 2020 08:15 pm ET
AutoCanada Announces Voting Results
EDMONTON, AB, June 25, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual Meeting held on June 25, 2020. A total of 13,246,494 common shares (representing 48.24% of the issued and outstanding common shares of the Company) were represented in person or by proxy at the meeting. The following nominees were duly elected as directors of the Company for the ensuing year:
Jun 03, 2020 08:45 pm ET
AutoCanada Reports 2020 First Quarter Results
EDMONTON, AB, June 3, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended March 31, 2020.
May 25, 2020 05:06 pm ET
AutoCanada Announces Conference Call and Webcast Details for Q1 2020 Financial Results and 2020 AGM
EDMONTON, May 25, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a multi-location North American automobile dealership group, announced on April 20, 2020 that it will release its financial results for the quarter ended March 31, 2020 on Wednesday, June 3, 2020 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Thursday, June 4, 2020 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).
Apr 20, 2020 06:28 pm ET
AutoCanada Provides Update on Actions Taken in Response to COVID-19
EDMONTON, April 20, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced measures taken to enhance financial resilience in response to evolving market conditions due to COVID-19.  These measures are designed to address immediate challenges, while reinforcing the balance sheet given the pandemic is expected to continue for an unknown period of time.
Mar 25, 2020 03:11 pm ET
AutoCanada Provides Operational Update in Response to COVID-19
EDMONTON, March 25, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced that it has temporarily suspended certain operations at its dealerships in New Brunswick, Quebec and Illinois in response to the orders of applicable governments to close non-essential businesses as a result of COVID-19. 
Mar 25, 2020 03:11 pm ET
AutoCanada Provides Operational Update in Response to COVID-19
EDMONTON, March 25, 2020 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced that it has temporarily suspended certain operations at its dealerships in New Brunswick, Quebec and Illinois in response to the orders of applicable governments to close non-essential businesses as a result of COVID-19. 
Mar 12, 2020 08:06 pm ET
AutoCanada Reports 2019 Fourth Quarter and Annual Results
EDMONTON, March 12, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period and year ended December 31, 2019. All figures are in Canadian dollars, unless otherwise stated.
Feb 21, 2020 07:14 pm ET
AutoCanada Declares Quarterly Dividend and Announces Release Date, Conference Call and Webcast Details for FY2019 Financial Results
EDMONTON, Feb. 21, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its Board of Directors has declared a quarterly eligible dividend of $0.10 per common share, payable on March 16, 2020 to shareholders of record at the close of business on March 2, 2020.
Feb 11, 2020 08:18 am ET
AutoCanada announces closing of senior notes offering, results of tender offer, and redemption of 2021 senior notes not tendered in tender offer
EDMONTON, Feb. 11, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) is pleased to announce that it has closed its previously announced private placement of $125 million aggregate principal amount of 8.75% senior notes due February 11, 2025 (the "Notes").
Jan 31, 2020 01:17 pm ET
AutoCanada Prices Previously Announced Private Offering of $125,000,000 Senior Notes
EDMONTON, Jan. 31, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) is pleased to announce that it has priced its previously announced private placement of $125 million 5-year Senior Unsecured Notes (the "Notes"). Interest on the Notes will accrue at the rate of 8.75% per annum and will be payable semi-annually in arrears in equal semi-annual installments on February 11 and August 11 of each year, beginning on August 11, 2020. The Notes are being sold at a price of 99.011% and will mature on February 11, 2025.
Jan 28, 2020 08:07 am ET
AutoCanada Announces Tender Offer for All of its Outstanding 5.625% Senior Notes Due May 25, 2021
EDMONTON, Jan. 28, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, today announced that it commenced a cash tender offer (the "Tender Offer") to purchase all of the Company's outstanding 5.625% Senior Notes due May 25, 2021 (the "2021 Notes").
Jan 28, 2020 08:06 am ET
AutoCanada announces offering of $125,000,000 Senior Notes, extension of credit facility for three years and selected preliminary 2019 fourth quarter results
EDMONTON, Jan. 28, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location North American automobile dealership group, today announced that it intends to complete a $125 million offering (the "Offering") of 5-year Senior Unsecured Notes (the "Notes"). The Notes will be offered and sold to "accredited investors" in certain provinces of Canada and to non-U.S. persons on a private placement basis. Scotia Capital Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc. are acting as Joint Bookrunning Managers for the Offering. Proceeds of the Offer
Nov 07, 2019 06:10 pm ET
AutoCanada Reports 2019 Third Quarter Results
EDMONTON, Nov. 7, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended September 30, 2019.
Oct 21, 2019 06:00 am ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q3 2019 Financial Results
EDMONTON, Oct. 21, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended September 30, 2019 on Thursday, November 7, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, November 8, 2019 at 9:00am Mountain Time (11:00am Eastern).
Aug 23, 2019 08:00 am ET
AutoCanada Announces Sale-Leaseback Transaction With Capital Automotive
EDMONTON, Aug. 23, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that it has completed a sale-leaseback transaction for two properties on which three of its dealerships are located with Capital Automotive Real Estate Services Inc.  AutoCanada will lease the properties from Capital Automotive under long-term triple net leases.
Aug 08, 2019 07:43 pm ET
AutoCanada Reports 2019 Second Quarter Results
EDMONTON, Aug. 8, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended June 30, 2019.
Jul 29, 2019 08:35 pm ET
AutoCanada Announces Credit Facility Amendment
EDMONTON, July 29, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its lenders under the Company's syndicated credit facility have agreed to extend the previously granted increase to the Company's maximum permitted Total Funded Debt to EBITDA ratio from 4.00:1.00 to 4.50:1.00 for the period from July 1, 2019 to March 31, 2020. After March 31, 2020, the Company's maximum permitted Total Funded Debt to EBITDA Ratio will be 4.00:1.00.
Jul 25, 2019 06:32 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q2 2019 Financial Results
EDMONTON, July 25, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended June 30, 2019 on Thursday, August 8, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, August 9, 2019 at 9:00am Mountain Time (11:00am Eastern).
Jul 04, 2019 04:30 pm ET
AutoCanada Announces Appointment of New Chief Financial Officer
EDMONTON, July 4, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has appointed Mike Borys as its Chief Financial Officer, effective August 12, 2019.
Jun 25, 2019 08:33 pm ET
AutoCanada Announces Completion of Sale-Leaseback Transaction For Three Properties With Automotive Properties REIT
EDMONTON, June 25, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has completed the previously announced sale of three parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of approximately $30.4 million. The Company will use the proceeds from the sale to pay down its credit facility.
Jun 12, 2019 05:15 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Three Properties With Automotive Properties REIT
EDMONTON, June 12, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into agreements to sell three parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of approximately $30.4 million.
May 07, 2019 06:14 pm ET
AutoCanada Announces Voting Results
EDMONTON, May 7, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual and Special Meeting held on May 3, 2019. A total of 14,620,299 common shares (representing 53.24% of the issued and outstanding common shares of the Company) were represented in person or by proxy at the meeting. The following nominees were duly elected as directors of the Company for the ensuing year:
May 02, 2019 10:53 pm ET
AutoCanada Reports 2019 First Quarter Results
EDMONTON, May 2, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended March 31, 2019.
Apr 11, 2019 05:02 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q1 2019 Financial Results
EDMONTON, April 11, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended March 31, 2019 on Thursday, May 2, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 3, 2019 at 7:00am Mountain Time (9:00am Eastern).
Mar 26, 2019 08:50 pm ET
Automotive Properties REIT Announces Agreements to Acquire Two Dealership Properties in Winnipeg from AutoCanada
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Mar 26, 2019 07:12 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Two Properties with Automotive properties REIT
EDMONTON, March 26, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into agreements to sell two parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of $23.95 million.
Mar 14, 2019 09:06 pm ET
AutoCanada reports 2018 annual and fourth quarter results
EDMONTON, March 14, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and twelve-months ended December 31, 2018. All figures are in Canadian dollars, unless otherwise stated.
Feb 22, 2019 05:26 pm ET
AutoCanada announces release date, conference call and webcast for FY2018 financial results
EDMONTON, Feb. 22, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the year ended December 31, 2018 on Thursday, March 14, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, March 15, 2019 at 9:00am Mountain Time (11:00am Eastern).
Feb 22, 2019 05:18 pm ET
AutoCanada declares quarterly dividend
EDMONTON, Feb. 22, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today the Board of Directors have declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019.
Feb 06, 2019 11:37 am ET
AutoCanada commences litigation against Patrick Priestner and Canada One Auto Group
EDMONTON, Feb. 6, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has commenced legal proceedings against Patrick Priestner and his holding companies, including Canada One Auto Group Ltd.  Mr. Priestner was previously the Chief Executive Officer and Chairman of AutoCanada.
Feb 06, 2019 11:37 am ET
AutoCanada commences litigation against Patrick Priestner and Canada One Auto Group
EDMONTON, Feb. 6, 2019 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has commenced legal proceedings against Patrick Priestner and his holding companies, including Canada One Auto Group Ltd.  Mr. Priestner was previously the Chief Executive Officer and Chairman of AutoCanada.
Jan 24, 2019 03:30 pm ET
AutoCanada and DealerMine CRM Announce Strategic Partnership
EDMONTON, Jan. 24, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) and DealerMine Inc. ("DealerMine CRM"), a subsidiary of Quorum Information Services Inc. (TSX-V: QIS), announced that they have entered into a strategic partnership with respect to the establishment of a dedicated business development centre for AutoCanada's Canadian dealerships by DealerMine CRM.
Dec 21, 2018 04:15 pm ET
AutoCanada Announces Award of Chevrolet Buick GMC Open Point Dealership
EDMONTON, Dec. 21, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has been awarded the right to a General Motors open point dealership featuring the Chevrolet, Buick and GMC brands in Maple Ridge, British Columbia, a community located in the northeastern sector of Greater Vancouver.  The Company will construct an approximately 33,400 square foot facility designed to General Motors image standards, with construction expected to be completed in the first quarter of 2020.
Dec 21, 2018 04:00 pm ET
AutoCanada Announces Sale-Leaseback of Four Properties with Capital Automotive
EDMONTON, Dec. 21, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has completed a sale-leaseback transaction for four of its dealership properties with Capital Automotive Real Estate Services Inc.  AutoCanada will lease the properties from Capital Automotive under long-term triple net leases.
Dec 05, 2018 05:00 pm ET
AutoCanada Completes Acquisition of Rose City Ford in Windsor
EDMONTON, Dec. 5, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has completed the previously announced acquisition of Rose City Ford.  Rose City Ford is one of two Ford dealerships in Windsor, Ontario, with a 65,000 square foot facility, an 11-vehicle showroom, 28 service bays and a collision centre.  AutoCanada also completed the sale of North Edmonton Kia during November 2018 as part of its strategy of optimizing its portfolio of dealerships.
Nov 27, 2018 08:00 am ET
AutoCanada Chooses Kijiji as its Preferred Online Marketplace Partner in Canada
TORONTO, Nov. 27, 2018 /CNW/ - Kijiji, the number one classifieds website in Canada, and AutoCanada Inc. (TSX:ACQ), a leading North American automobile dealership group, today announced that Kijiji will be AutoCanada's preferred online marketplace partner in Canada.
Nov 19, 2018 03:30 pm ET
AutoCanada Agrees to Acquire Rose City Ford in Windsor
EDMONTON, Nov. 19, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has agreed to acquire Rose City Ford Sales Limited ("Rose City Ford").  Rose City Ford is one of two Ford dealerships in Windsor, Ontario, with a 65,000 square foot facility, an 11-vehicle showroom, 28 service bays and a collision centre.
Nov 08, 2018 07:09 pm ET
AutoCanada Reports 2018 Third Quarter Results
EDMONTON, Nov. 8, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and nine-month periods ended September 30, 2018.
Oct 05, 2018 04:30 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q3, 2018 Financial Results
EDMONTON, Oct. 5, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended September 30, 2018 on Thursday, November 8, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, November 9, 2018 at 9:00am Mountain Time (11:00am Eastern).
Sep 27, 2018 09:31 pm ET
AutoCanada Announces Amendment of Credit Facility
EDMONTON, Sept. 27, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its lenders under the Company's syndicated credit facility dated March 20, 2018 have agreed to increase the Company's maximum permitted Total Funded Debt to EBITDA Ratio from 4.00:1.00 to 4.50:1.00 for the period from September 1, 2018 to June 30, 2019.  After June 30, 2019, the Company's maximum permitted Total Funded Debt to EBITDA Ratio will be 4.00:1.00.
Sep 25, 2018 04:29 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Two Properties with Automotive Properties REIT
EDMONTON, Sept. 25, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into an agreement to sell two of its dealership properties to Automotive Properties Real Estate Investment Trust for a total purchase price of $55.5 million, with the properties being leased back to the AutoCanada dealerships.
Sep 04, 2018 09:00 am ET
AutoCanada Announces Acquisition of Mercedes-Benz Heritage Valley in Edmonton
EDMONTON, Sept. 4, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will be acquiring Mercedes-Benz Heritage Valley. Mercedes-Benz Heritage Valley is one of only two Mercedes-Benz dealerships in Edmonton, with a 78,733 square foot facility, a 22 car showroom, 23 service bays and 9 detail bays.
Aug 22, 2018 09:00 am ET
AutoCanada Announces Executive Appointments
EDMONTON, Aug. 22, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that Raj Juneja has been appointed as Chief Financial Officer, Michael Cunningham has been appointed as Vice-President, Finance and Chief Financial Officer, United States, and Peter Hong has been appointed as Chief Strategy Officer and General Counsel.
Aug 22, 2018 09:00 am ET
AutoCanada Announces Executive Appointments
EDMONTON, Aug. 22, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that Raj Juneja has been appointed as Chief Financial Officer, Michael Cunningham has been appointed as Vice-President, Finance and Chief Financial Officer, United States, and Peter Hong has been appointed as Chief Strategy Officer and General Counsel.
Aug 09, 2018 06:05 pm ET
AutoCanada Reports 2018 Second Quarter Results
EDMONTON, Aug. 9, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and six months ended June 30, 2018.
Aug 09, 2018 06:00 pm ET
AutoCanada Announces Management and Board Changes
EDMONTON, Aug. 9, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today announced several changes to the composition of its executive management team and its Board of Directors. As previously announced, the Special Committee of the Board of Directors of the Company, appointed in June 2018, has been conducting a strategic review to explore a range of alternatives to enhance shareholder value, including changes to the composition of the executive management team and the Board.
Aug 09, 2018 06:00 pm ET
AutoCanada Announces Management and Board Changes
EDMONTON, Aug. 9, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today announced several changes to the composition of its executive management team and its Board of Directors. As previously announced, the Special Committee of the Board of Directors of the Company, appointed in June 2018, has been conducting a strategic review to explore a range of alternatives to enhance shareholder value, including changes to the composition of the executive management team and the Board.
Jul 10, 2018 06:00 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q2, 2018 Financial Results
EDMONTON, July 10, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2018 on Thursday, August 9, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, August 10, 2018 at 9:00am Mountain Time (11:00am Eastern).
Jul 03, 2018 08:39 am ET
AutoCanada Appoints Michael Rawluk as President
EDMONTON, July 3, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced the appointment of Michael Rawluk as President. Mr. Rawluk will assume full responsibility over dealership operations, as well as associated functions including business intelligence, marketing and human resources. He was recently the Chief Operating Officer of the Birchwood Automotive Group's 22 dealerships in Winnipeg, where he began his automotive career more than 15 years ago.
Jul 03, 2018 08:39 am ET
AutoCanada Appoints Michael Rawluk as President
EDMONTON, July 3, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced the appointment of Michael Rawluk as President. Mr. Rawluk will assume full responsibility over dealership operations, as well as associated functions including business intelligence, marketing and human resources. He was recently the Chief Operating Officer of the Birchwood Automotive Group's 22 dealerships in Winnipeg, where he began his automotive career more than 15 years ago.
Jun 26, 2018 06:00 pm ET
AutoCanada Announces Director Resignation
EDMONTON, June 26, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today announced the resignation of Arlene Dickinson from its Board of Directors, effective June 30, 2018.
Jun 20, 2018 12:30 am ET
AutoCanada Announces Director Retirements
EDMONTON, June 20, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today announced the retirement of Gordon Barefoot from the Board of Directors, effective August 9, 2018 (concurrent with the next regularly scheduled Board meeting). The Company also announced the retirement of Michael Ross from the Board of Directors, effective immediately.
Jun 17, 2018 11:00 pm ET
AutoCanada Announces Appointment of Special Committee
EDMONTON, June 17, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced that its Board of Directors appointed a Special Committee of independent directors to review strategic alternatives that may be available to the Company to maximize shareholder value.
Jun 11, 2018 10:00 pm ET
AutoCanada Acknowledges Receipt of Letter from Clearwater
EDMONTON, June 11, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today acknowledged receipt of a letter from Clearwater Capital Management. The Company's Board of Directors welcomes constructive dialogue with its shareholders. AutoCanada continues to execute a strategic plan that was reset following the first fiscal quarter of 2018. The focus of the plan is to strengthen the Company and enhance long-term shareholder value. The AutoCanada Board of Directors along with its advisors will consider the position of Clearwater and respond in due course.
Jun 11, 2018 10:00 pm ET
AutoCanada Acknowledges Receipt of Letter from Clearwater
EDMONTON, June 11, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today acknowledged receipt of a letter from Clearwater Capital Management. The Company's Board of Directors welcomes constructive dialogue with its shareholders. AutoCanada continues to execute a strategic plan that was reset following the first fiscal quarter of 2018. The focus of the plan is to strengthen the Company and enhance long-term shareholder value. The AutoCanada Board of Directors along with its advisors will consider the position of Clearwater and respond in due course.
May 07, 2018 07:00 pm ET
AutoCanada Announces Voting Results
EDMONTON, May 7, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual General Meeting. A total of 15,652,724 common shares (representing 57.00% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. It was declared that the following nominees were duly elected as directors of the Company for the ensuing year or until their successors are duly elected or appointed:
May 03, 2018 05:00 pm ET
AutoCanada Reports 2018 First Quarter Results
EDMONTON, May 3, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a leading North American multi-location automobile dealership group, today reported its financial results for the three month period ended March 31, 2018.
Apr 04, 2018 06:00 pm ET
AutoCanada Announces 2018 AGM Webcast details
EDMONTON, April 4, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") will hold its Annual General Meeting of Shareholders on Friday, May 4, 2018 at 2:00pm Eastern Time (12:00pm Mountain Time) at the Toronto Stock Exchange (TMX Broadcast Centre), 130 King Street West, Toronto, Ontario, M5X 1J2 (the "Meeting"). The Meeting materials are available online on SEDAR at www.sedar.com and on AutoCanada's website at https://www.autocan.ca/investors.htm.
Apr 03, 2018 06:30 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q1, 2018 Financial Results
EDMONTON, April 3, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") will release its financial results for the quarter ended March 31, 2018 on Thursday, May 3, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 4, 2018 at 6:30am Mountain Time (8:30am Eastern).
Mar 28, 2018 05:22 pm ET
AutoCanada Announces Participatory Loans to be Repaid
EDMONTON, March 28, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") today announced that the outstanding balance of approximately $18.4 million of the participatory loans extended to PPH Holdings Ltd. ("PPH") will be repaid in full, as of March 31, 2018. These loans will be terminated and any associated royalties and fees that are payable by PPH to the Company under the terms and conditions of the loans will also cease as of the same date.
Mar 22, 2018 07:00 am ET
AutoCanada Acquires Illinois Based Grossinger Auto Group
Company adds eight dealerships in Metro Chicago plus six luxury/premium brands in auto mall in nearby Bloomington/Normal, IL
Mar 22, 2018 07:00 am ET
AutoCanada Acquires Illinois Based Grossinger Auto Group
Company adds eight dealerships in Metro Chicago plus six luxury/premium brands in auto mall in nearby Bloomington/Normal, IL
Mar 20, 2018 06:14 pm ET
AutoCanada Announces New Expanded Credit Facility
EDMONTON, March 20, 2018 /CNW/ - AutoCanada Inc. (the "Company") (TSX:ACQ) today announced an important milestone in its growth plan as it entered into a new credit agreement providing secured credit facilities up to $1.08 billion, subject to certain conditions precedent to funding. 
Mar 15, 2018 06:00 pm ET
AutoCanada Reports 2017 Annual and Fourth Quarter Results
EDMONTON, March 15, 2018 /CNW/ - AutoCanada Inc. (TSX: ACQ), a leading Canadian multi-location automobile dealership group, today reported its financial results for the three and twelve-months ended December 31, 2017.
Feb 23, 2018 11:46 am ET
AutoCanada Inc. Declares Quarterly Dividend
EDMONTON, Feb. 23, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018.
Feb 20, 2018 05:50 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for FY2017 Financial Results
EDMONTON, Feb. 20, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) will release its financial results for the year ended December 31, 2017 on Thursday, March 15, 2018 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 16, 2018 at 9:00am Mountain Time (11:00am Eastern).
Dec 07, 2017 04:15 pm ET
AutoCanada Reaches Agreements with GM Canada and Priestner
Company Allowed Direct Ownership and Control of GM Canada Dealerships, Assumes Control of Five Stores
Nov 09, 2017 07:00 pm ET
AutoCanada Reports Third Quarter 2017 Results
EDMONTON, Nov. 9, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest multi-location automobile dealership groups, today provided a corporate update and reported its financial results for the three-month and nine-month periods ended September 30, 2017.
Oct 13, 2017 09:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q3, 2017 Financial Results
EDMONTON, Oct. 13, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended September 30, 2017 on Thursday, November 9, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, November 10, 2017 at 9:00am Mountain Time (11:00am Eastern).
Oct 13, 2017 08:43 pm ET
AutoCanada Acquires its First Mazda Dealership; Continues to Expand Montréal Presence
EDMONTON, Oct. 13, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest multi-location automobile dealership groups, today announced that it has entered into an agreement to purchase 90% of the issued and outstanding shares of Planète Mazda, which has operated in the greater Montréal region for close to 30 years.
Aug 10, 2017 07:00 pm ET
AutoCanada Inc. reports second quarter 2017 results
EDMONTON, Aug. 10, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest, and only publicly traded, multi-location automobile dealership groups, today provided a corporate update and reported its financial results for the three-month and six-month periods ended June 30, 2017.
Jul 18, 2017 07:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q2, 2017 Financial Results
EDMONTON, July 18, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2017 on Thursday, August 10, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, August 11, 2017 at 9:00am Mountain Time (11:00am Eastern).
Jun 06, 2017 08:00 am ET
AutoCanada Inc. Announces Approval of Normal Course Issuer Bid
EDMONTON, June 6, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that it has received approval from the Toronto Stock Exchange ("TSX") to commence a normal course issuer bid to purchase its common shares on the open market in accordance with the rules of the TSX or under applicable law.
May 09, 2017 08:37 pm ET
AutoCanada Inc. Announces Voting Results
EDMONTON, May 9, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual General Meeting on May 5, 2017 in Edmonton. A total of 16,363,637 common shares (representing 59.59% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. Shareholders voted for the following seven nominees to be duly elected as directors of the Company for the ensuing year or until their successors are duly elected or appointed.
May 04, 2017 09:00 pm ET
AutoCanada Inc. Announces First Quarter 2017 Quarterly Results
EDMONTON, May 4, 2017 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, today announced financial results for the three-month period ended March 31, 2017.
Apr 11, 2017 06:44 pm ET
AutoCanada Inc. Announces Expansion of Luxury Brand Portfolio with the Acquisition of Mercedes-Benz Rive-Sud
EDMONTON, April 11, 2017 /CNW/ - AutoCanada Inc., ("AutoCanada" or the "Company") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, announced today that it has entered into an agreement to purchase all of the issued and outstanding shares of Mercedes-Benz Rive-Sud (the "Dealership") which has operated in the greater Montreal region for close to 50 years. The transaction is subject to customary closing conditions and approvals and is expected to close within 30 days.
Apr 06, 2017 09:00 pm ET
AutoCanada Inc. Announces Q1 2017 Earnings Release Date and Provides First Quarter Conference Call and 2016 AGM Webcast Details
EDMONTON, April 6, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announces that it will release its financial results for the quarter ended March 31, 2017 on Thursday, May 4, 2017 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 5, 2017 at 8:00am Mountain Time (10:00am Eastern).
Mar 21, 2017 09:00 pm ET
AutoCanada Inc. Announces Executive Appointment
EDMONTON, March 21, 2017 /CNW/ - AutoCanada Inc. (TSX:ACQ) today announced the appointment of Mr. Mark Warsaba to the position of Senior Vice-President & Chief Operations Officer effective April 1, 2017.  Mark Warsaba will report directly to Steven Landry, President & CEO.
Mar 16, 2017 10:22 pm ET
AutoCanada Inc. Announces 2016 Annual and Fourth Quarter Results
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, today announced financial results for the year ended December 31, 2016 and the three-month period ended December 31, 2016.
Mar 16, 2017 08:03 pm ET
AutoCanada Inc. Announces Executive Resignation
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announces that Thomas Orysiuk is resigning from his position as President and as a member of the Board of Directors of the Company.
Mar 16, 2017 07:45 pm ET
AutoCanada Inc. Announces the Extension of Credit Facility
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announced today that it has executed an agreement with its syndicated lending partners to amend and restate its $250 million revolving credit facility while extending the maturity date of the agreement by two years to May 2020. 
Feb 21, 2017 08:32 pm ET
AutoCanada Inc. Declares Quarterly Dividend
EDMONTON, Feb. 21, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2017 to shareholders of record at the close of business on February 28, 2017.
Jan 26, 2017 08:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Fiscal 2016 Financial Results
EDMONTON, Jan. 26, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the year ended December 31, 2016 on Thursday, March 16, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 17, 2017 at 9:00am Mountain Time (11:00am Eastern).
Oct 07, 2016 06:00 pm ET
AUTOCANADA INC. Announces Release Date, Conference Call and Webcast for Q3, 2016 Financial Results
EDMONTON, Oct. 7, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended September 30, 2016 on Thursday, November 3, 2016 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, November 4, 2016 at 9:00am Mountain Time (11:00am Eastern).
Oct 04, 2016 07:00 am ET
AutoCanada Inc. Announces the Acquisition of Wellington Motors Limited
EDMONTON, Oct. 4, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announced today that it has entered into an agreement to purchase all of the issued and outstanding shares of Wellington Motors Limited, which operates a Chrysler Dodge Jeep Ram Fiat dealership in Guelph, Ontario (the "Dealership"). The transaction is subject to customary closing conditions and approvals and is expected to close within 21 days.
Aug 04, 2016 09:00 pm ET
AutoCanada Inc. Announces Q2, 2016 Quarterly Earnings Per Share of $0.53
EDMONTON, Aug. 4, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the quarter ended June 30, 2016.
Jul 07, 2016 08:32 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q2, 2016 Financial Results
EDMONTON, July 7, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2016 on Thursday, August 4, 2016 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, August 5, 2016 at 9:00am Mountain Time (11:00am Eastern).
May 10, 2016 03:54 pm ET
AutoCanada Inc. Announces Voting Results
EDMONTON, May 10, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual and Special Meeting. A total of 11,407,832 common shares (representing 41.54% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. On a vote conducted by ballot regarding the election of directors, it was declared that the following nominees were duly elected as directors of the Company for the ensuring year or until their successors are duly elected or appointed.
May 05, 2016 09:00 pm ET
AutoCanada Inc. Announces Q1, 2016 Quarterly Results
EDMONTON, May 5, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the quarter ended March 31, 2016.
Apr 25, 2016 07:00 am ET
AutoCanada Announces Financing Agreement
EDMONTON, April 25, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today that it has entered into a financing arrangement with PPH Holdings Inc. ("PPH"), a corporation wholly owned and controlled by Mr. Patrick Priestner.
Apr 19, 2016 09:00 pm ET
AutoCanada Inc. Announces First Quarter Earnings Release Date and Provides First Quarter Conference Call and AGM Webcast Details
EDMONTON, April 19, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announces that it will release its financial results for the quarter ended March 31, 2016 on Thursday, May 5, 2016 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 6, 2016 at 8:00am Mountain Time (10:00am Eastern).
Mar 17, 2016 09:00 pm ET
AutoCanada Inc. Announces 2015 Annual Adjusted Net Earnings Per Share of $1.64
EDMONTON, March 18, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the year ended December 31, 2015 and the three month period ended December 31, 2015.
Mar 17, 2016 09:00 pm ET
AutoCanada Inc. Announces Executive Appointment and Management Succession Plan
EDMONTON, March 17, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) announces today senior management changes as part of its senior management succession plan.
Feb 23, 2016 08:00 pm ET
AutoCanada Inc. Announces the Sale of Newmarket Infiniti Nissan
EDMONTON, Feb. 23, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today that it has reached an agreement to sell the operating assets of Newmarket Infiniti Nissan in Newmarket, Ontario (collectively, the "Dealership") along with the real estate on which the Dealership is located. The sale is expected to close this week and net proceeds will be used reduce indebtedness under the Company's revolving credit facility by approximately $11,500,000.  Additionally, the Company will proceed to sell excess lands previously acquired to facilitate construction of a sep
Feb 19, 2016 07:00 pm ET
AutoCanada Inc. - Declares Quarterly Dividend
EDMONTON, Feb. 19, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.25 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2016 to shareholders of record at the close of business on February 29, 2016. The quarterly eligible dividend of $0.25 represents an annual dividend rate of $1.00 per common share.
Feb 16, 2016 08:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Fiscal 2015 Financial Results
EDMONTON, Feb. 16, 2015 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the year ended December 31, 2015 on Thursday, March 17, 2016 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 18, 2016 at 9:00am Mountain Time (11:00am Eastern).
Jan 22, 2016 05:15 pm ET
S&P Dow Jones Indices Announces the Annual Review of S&P/TSX Canadian Dividend Aristocrats Index
TORONTO, Jan. 22, 2016 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the annual S&P/TSX Canadian Dividend Aristocrats Index Review.  These changes will be effective at the open on Monday, February 1, 2016.