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Mullen Group Ltd (MTL.TO)

MTL.TO on Toronto Stock Exchange

15.29CAD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Mullen Group Approves 67 Pct Annual Dividend Hike To $0.60 Per Share​
Thursday, 14 Dec 2017 

Dec 13 (Reuters) - Mullen Group Ltd ::ANNOUNCES BUSINESS PLAN AND INCREASE IN DIVIDEND FOR 2018.‍BOARD HAS APPROVED A 67.0 PERCENT INCREASE IN ANNUAL DIVIDEND TO SHAREHOLDERS FROM $0.36 PER SHARE TO $0.60 PER SHARE​.SAYS ‍BOARD APPROVED A CAPITAL BUDGET OF $40.0 MILLION FOR 2018​.‍SEVERAL PROJECTS SUCH AS KEYSTONE XL AND TRANS MOUNTAIN HAVE A VERY GOOD CHANCE OF PROCEEDING IN 2018​.‍EXPECT OILFIELD SERVICES SEGMENT WILL GENERATE SLIGHTLY IMPROVED RESULTS IN 2018​.-EXPECT OILFIELD SERVICES SEGMENT TO ACCOUNT FOR APPROXIMATELY 33.0 PERCENT OF MULLEN GROUP'S 2018 REVENUE​.  Full Article

Mullen Group reports Q3 earnings per share C$0.25
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Mullen Group Ltd :Mullen Group Ltd reports third quarter financial results including record trucking/logistics segment revenue.Q3 earnings per share C$0.25.Q3 revenue C$283.9 million versus I/B/E/S view C$286 million.Q3 earnings per share view C$0.16 -- Thomson Reuters I/B/E/S.  Full Article

Mullen Group qtrly adjusted earnings per share $0.12
Thursday, 21 Jul 2016 

Mullen Group Ltd : Qtrly total revenue $247.0 million versus $284.8 million . Qtrly adjusted earnings per share $0.12 . Mullen Group Ltd says Q2 earnings per share $0.14 .Q2 earnings per share view C$0.04, revenue view C$237.8 million -- Thomson Reuters I/B/E/S.  Full Article

Mullen Group qtrly adjusted earnings per share $0.12
Wednesday, 20 Jul 2016 

Mullen Group Ltd : Qtrly total revenue $247.0 million versus $284.8 million . Qtrly adjusted earnings per share $0.12 . Mullen Group Ltd says Q2 earnings per share $0.14 .Q2 earnings per share view C$0.04, revenue view C$237.8 million -- Thomson Reuters I/B/E/S.  Full Article

Mullen Group Ltd announces increase to bought deal offering
Wednesday, 27 Apr 2016 

Mullen Group Ltd:Has increased the size of its previously announced bought deal offering whereby Corporation has entered into an agreement to sell 9,775,000 common shares on a bought deal basis at a price of $13.30 per share.Net proceeds from the Offering and the Private Placement will be used to temporarily repay bank indebtedness, to transact on potential strategic acquisitions, support future growth initiatives and for general corporate purposes.  Full Article

Mullen Group Ltd announces $100 million bought deal offering and concurrent $10 million investment by the Mullen Family and Insiders
Tuesday, 26 Apr 2016 

Mullen Group Ltd:Entered into an agreement to sell 7,519,000 common shares on a bought deal basis at a price of $13.30 per Share to a syndicate of underwriters led by TD Securities Inc. for gross proceeds of $100,002,700.In addition, Corporation has granted underwriters an over-allotment option, to purchase up to an additional 1,127,850 Shares which, if exercised, would increase the gross offering size to $115,003,105, to cover over-allotments, if any, and for market stabilization purposes.Offering is expected to close on or about May 17, 2016, and is subject to the approval of securities regulatory authorities and the Toronto Stock Exchange.Concurrent with the closing of the Offering, the Mullen family and certain directors, officers, and employees of the Mullen Group will purchase up to 752,000 Shares (approximately $10 million) on a non-brokered private placement basis at the Issue Price.The net proceeds from the Offering and the Private Placement will be used to temporarily repay bank indebtedness, to transact on potential strategic acquisitions, support future growth initiatives and for general corporate purposes.  Full Article

Mullen Group Ltd announces declaration of monthly dividend
Tuesday, 19 Apr 2016 

Mullen Group Ltd:Announced today that it has declared a monthly dividend of $0.08 per Common Share payable to the holders of record of Common Shares at the close of business on April 30, 2016.The dividend will be paid on May 16, 2016.  Full Article

Mullen Group Ltd announces declaration of monthly dividend
Monday, 21 Mar 2016 

Mullen Group Ltd:Has declared a monthly dividend of $0.08 per common share.Dividend will be paid on April 15.Record date as on March 31.  Full Article

Mullen Group Ltd announces declaration of monthly dividend
Wednesday, 17 Feb 2016 

Mullen Group Ltd:Declared a monthly dividend of $0.08 per common share.Dividend will be paid on March 15.Record date as of February 29.  Full Article

BRIEF-Mullen Group Approves 67 Pct Annual Dividend Hike To $0.60 Per Share​

* ‍BOARD HAS APPROVED A 67.0 PERCENT INCREASE IN ANNUAL DIVIDEND TO SHAREHOLDERS FROM $0.36 PER SHARE TO $0.60 PER SHARE​