Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Sign up for the iNFOnews newsletter today!
Selecting your primary region ensures you get the stories that matter to you first.
TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (NUMBER, up or down NUMBER):
Manulife Financial Corp. (TSX:MFC). Finance. Up 34 cents, or 1.35 per cent, to $25.53 on 14.2 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up seven cents, or 0.18 per cent, to $38.86 on 11.0 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down seven cents, or 0.14 per cent, to $48.85 on 9.1 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 65 cents, or 0.87 per cent, to $75.82 on 6.1 million shares.
Sun Life Financial Inc. (TSX:SLF). Finance. Up 63 cents, or 0.95 per cent, to $66.95 on 6.0 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Up 48 cents, or 0.62 per cent, to $78.26 on 4.4 million shares.
Companies in the news:
Suncor Energy Inc. (TSX:SU). Energy. Up seven cents, or 0.18 per cent, to $38.86. U.S. oil company ConocoPhillips said Friday it will exercise its right of first refusal and purchase TotalEnergies’ 50 per cent stake in the Surmont oilsands project for $4 billion. The U.S. company’s move to buy the remaining stake is a blow to Calgary-based Suncor Energy Inc., which announced in April its intention to acquire Total’s share of Surmont as part of a larger $6.1-billion deal that would also see Suncor acquire French company Total’s stake in the Fort Hills oilsands project.
Canadian Western Bank. (TSX:CWB). Finance. Down $1.43, or 5.86 per cent, to $22.99. CWB Financial Group raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago and said it was targeting lower annual loan growth than previously expected. The Edmonton-based bank said it will now pay a quarterly dividend of 33 cents per share, up a penny from 32 cents per share. The increased payment came as CWB said its common shareholders’ net income totalled $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 report by The Canadian Press was first published May 26,2023.
News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.