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Metro Inc (MRU.TO)

MRU.TO on Toronto Stock Exchange

44.28CAD
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Change (% chg)

$0.50 (+1.14%)
Prev Close
$43.78
Open
$43.91
Day's High
$44.45
Day's Low
$43.88
Volume
120,544
Avg. Vol
505,282
52-wk High
$44.75
52-wk Low
$38.32

Latest Key Developments (Source: Significant Developments)

Metro Reports Q2 Adj Shr C$0.47
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Metro Inc ::METRO REPORTS 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$0.47.Q2 EARNINGS PER SHARE C$0.47.Q2 SALES FELL 0.1 PERCENT TO C$2.899 BILLION.Q2 SAME STORE SALES ROSE 1 PERCENT.Q2 EARNINGS PER SHARE VIEW C$0.47 -- THOMSON REUTERS I/B/E/S.QTRLY SAME-STORE SALES UP 1.0% TAKING INTO ACCOUNT CHRISTMAS WEEK SHIFT.  Full Article

Metro Reports 2018 Q2 Earnings Per Share C$0.47
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Metro Inc ::METRO REPORTS 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$1.14.Q2 EARNINGS PER SHARE C$0.47.Q2 SALES FELL 0.1 PERCENT TO C$2.899 BILLION.Q2 SAME STORE SALES ROSE 1 PERCENT.Q2 EARNINGS PER SHARE VIEW C$0.47 -- THOMSON REUTERS I/B/E/S.QTRLY SAME-STORE SALES UP 1.0% TAKING INTO ACCOUNT CHRISTMAS WEEK SHIFT.  Full Article

Metro Gets Competition Bureau Nod For Merger With Jean Coutu Group
Tuesday, 24 Apr 2018 

April 23 (Reuters) - Metro Inc ::METRO RECEIVES COMPETITION BUREAU AUTHORIZATION TO PROCEED WITH THE ACQUISITION OF THE JEAN COUTU GROUP.THE TRANSACTION IS EXPECTED TO CLOSE ON MAY 11, 2018.METRO WILL DIVEST ALL OF ITS RIGHTS IN 10 PHARMACIES LOCATED IN DIFFERENT CITIES.NO PHARMACY WILL CLOSE AS A RESULT OF THESE DIVESTITURES.  Full Article

Metro Prices Aggregate C$1.2 Bln Senior Unsecured Notes Offering
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Metro Inc ::METRO INC. PRICES AGGREGATE C$1.2 BILLION SENIOR UNSECURED NOTES OFFERING.  Full Article

Metro reports Q4 earnings C$0.66/shr
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Metro Inc :Metro reports 2017 fourth quarter results.Q4 earnings per share C$0.66.Q4 sales C$3.228 billion versus I/B/E/S view C$3.15 billion.Q4 same store sales rose 0.4 percent.Q4 earnings per share view C$0.66 -- Thomson Reuters I/B/E/S.  Full Article

Alimentation Couche-Tard intends to repurchase 4.4 mln of shares held by Metro
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Alimentation Couche Tard Inc ::Alimentation Couche-Tard announces its intention to repurchase 4.4 million of its shares held by Metro.Says ‍value of transaction is estimated at C$250 million​.Says‍ repurchase to be paid using available cash,revolving credit facilities, proceeds from future sale of non-strategic assets​.Says‍ transaction was approved by members of Couche-Tard's board of directors​.  Full Article

Metro enters agreements to sell majority of its holding in Alimentation Couche-Tard
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Metro Inc ::Metro enters into agreements to sell the majority of its holding in alimentation Couche-Tard.Says co's unit to sell to dealers 11.4 million class B subordinate voting shares of Couche-Tard for proceeds of about $650 million .Says Metro Holdings has agreed to sell to dealers 11.4 million class B subordinate voting shares of Couche-Tard at a price per share of $57.17​.Says ‍after tax net proceeds will be used to finance previously announced business combination with Le Groupe Jean Coutu (PJC) Inc (Jean Coutu).Says Metro Holdings entered deal with Couche-Tard for repurchase for cancellation 4.4 million class B multiple voting shares of Couche-Tard at $57.17per share​.Says ‍co's unit to sell to Caisse De Dépôt Et Placements Du Québec 11.4 million class A multiple voting shares of Couche-Tard at $57.17​/share.Says following sales, repurchase, Metro Holdings to have about 3.9% of issued, outstanding class A multiple voting shares in capital of Couche-Tard​.Says ‍after tax net proceeds to be used to finance combination with Le Groupe Jean Coutu, reduce Metro's committed bank facilities​.  Full Article

Metro announces $400-mln investment in its Ontario distribution network
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Metro Inc : :Metro announces $400-million investment in its Ontario distribution network.Metro - ‍will modernize operations in Toronto between 2018 and 2023 by building new fresh distribution facility and new frozen distribution facility​.Metro - ‍decision to automate part of distribution network will result in loss of about 180 full-time, 100 part-time positions starting in 2021​.  Full Article

Metro reports Q3 earnings per share C$0.72
Friday, 12 Aug 2016 

Metro Inc : Metro reports 2016 third-quarter results . Q3 sales C$4.015 billion versus I/B/E/S view C$3.99 billion . Q3 earnings per share view C$0.73 -- Thomson Reuters I/B/E/S . Q3 earnings per share C$0.72 .Q3 same store sales rose 3.9 percent.  Full Article

CORRECTED-CANADA STOCKS-TSX futures gain as oil prices rise

May 14 Canada's main stock index looked set to open higher on Monday as oil prices rose due to expectations of a sharp fall in Iranian crude supply once U.S. sanctions bite later this year.