Algoma Central Corporation Announces Convertible Debenture Conversion Price
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St. Catharines, Ontario, May 23, 2024 – Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) announced today that following the second quarter dividend of $0.19 per common share, an adjustment has been made to the conversion price of the convertible debentures, reducing it to $14.10. The convertible debentures have a maturity date of June 30, 2024. […]
Algoma Central Corporation Announces Results of 2024 Annual General Meeting of Shareholders
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Results of 2024 AGM Press Release
Algoma Central Corporation Reports Financial Results for the 2024 First Quarter
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Robust performance in product tankers and ocean self-unloader fleets drive strongest first quarter in five years St. Catharines, Ontario May 1, 2024 – Algoma Central Corporation (TSX: ALC) (“Algoma”, the “Company”) today reported its results for the three months ended March 31, 2024. Algoma reported revenues of $109,214, a 2% decrease compared to the same period […]
Algoma Central Corporation to Hold 2024 Annual General and Special Meeting of Shareholders on May 1, 2024
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St. Catharines, Ontario, April 17, 2024 – Algoma Central Corporation (TSX: ALC) is pleased to announce that the 2024 Annual General and Special Meeting (the “Meeting”) of Shareholders will be held in person on Wednesday May 1, 2024 at Vantage Venues, 27th floor, 150 King Street West, Toronto, Ontario M5H 1J9 at 11:30 a.m. (EDT). […]
Algoma Central Corporation Announces Renewal of Normal Course Issuer Bid
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St. Catharines, Ontario, March 19, 2024 – 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 […]
Algoma Central Corporation Reports Financial Results for Fiscal 2023
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A reliable and diverse fleet contributes to revenue growth and solid financial results for 2023
Algoma Central Corporation to Issue Fiscal 2023 Financial Results on February 26, 2024
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St. Catharines, Ontario, February 12, 2024 – Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) today announced it will report its financial results for the year ended December 31, 2023 before market open on February 26, 2024. The Company’s fiscal 2023 earnings release and full financial results will be available on the Company’s website and on […]
Algoma Central Corporation Commits to Industry Leadership to Further Address Workplace Harassment
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Released in response to the Seafarers’ Union Report on workplace harassment in the marine sector St. Catharines, Ontario (February 5, 2024) — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, is responding to the Seafarers’ International Union of Canada (“SIU”) report released today on workplace harassment and […]
Algoma Central Corporation continues to grow product tanker business with the acquisition of two additional vessels
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St. Catharines, Ontario (January 18, 2024) — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company has acquired two 2009 built, 16,600 dwt product tankers from Norway’s Knutsen OAS Shipping. “We identified an opportunity to secure high-quality ice-class product tankers suitable for trading […]
Algoma Central Corporation Announces a 6% Increase In Quarterly Dividend
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St. Catharines, Ontario (January 15, 2024) — 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 $0.19 per common share. The dividend is payable on March 1, 2024 to shareholders of […]