AGMJF
Algoma Central Corporation·Industrials
15.54
0.000%(+0.00)
Market ClosedLast Updated: — ET
52W L: $10.3252W H: $17.62
AGMJF NEWS
businesswire.com
Mar 19
Algoma Central Corporation Announces Renewal of Normal Course Issuer Bid
ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, announced today that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to proceed with the renewal of its normal course issuer bid (the “NCIB”). Algoma's Board of Directors believes that the market price of Algoma's common shares (“Shares”), from time to time, may not reflect the inherent value of the Company and.
businesswire.com
Mar 5
Algoma Central Corporation Reports Financial Results for Fiscal 2025
ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the year ended December 31, 2025. Algoma reported revenues of $761,056, compared to revenues of $703,444 in 2024. Net earnings for 2025 were $143,025 compared to $91,638 in 2024. The Company reported 2025 EBITDA of $230,987 compared to $200,494 in 2024. All amounts reported below are in thousands of Canadian dollars, except for per share data and where the con.
prnewswire.com
Feb 27
Mainstay Maritime Announces Agreement to Sell Canadian Operating Companies and Fleet to Algoma Central Corporation
Positions Company to Deepen Investment in Core U.S. Jones Act Operations, Building on Robust Demand for Reliable, U.S. Jones Act Marine Great Lakes Shipping WILLIAMSVILLE, N.Y., Feb. 27, 2026 /PRNewswire/ -- Mainstay Maritime Inc. ("Mainstay"), a leading marine infrastructure company specializing in the movement of dry bulk and liquid cargos throughout the Great Lakes Region, today announced it has entered into a definitive agreement to sell its three Canadian operating companies and associated fleet of six Canadian-flagged vessels to Algoma Central Corporation (TSX: ALC) ("Algoma"), a premier Canadian marine shipping company operating across the Great Lakes-St. Lawrence Seaway.
businesswire.com
Feb 27
Algoma Central Corporation Announces Agreement to Acquire Lower Lakes Fleet
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced it has entered into a definitive agreement to acquire Mainstay Maritime Inc.'s (“Mainstay”) three Canadian operating companies and associated fleet of six Canadian-flagged vessels. Mainstay, formerly Rand Logistics, Inc., operates one of the largest Jones Act-compliant fleets serving the Great Lakes, specializing in th.
businesswire.com
Jan 30
Algoma Central Corporation Announces a 5% Increase in Quarterly Dividend
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company's Board of Directors authorized payment of a quarterly dividend to shareholders of $0.21 per common share. The dividend is payable on March 2, 2026 to shareholders of record on February 13, 2026. This $0.21 common share dividend represents a 5% increase from the $0.20 per share dividend paid on Decembe.
