CIBC Starts Teck Resources Ltd (TECK) at Outperformer
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Teck Resources (TECK) Declares Dividend, Buyback
November 16, 2017 5:55 PM ESTTeck Resources (NYSE: TECK) announced today that its Board of Directors has approved the distribution of cash to shareholders through a supplemental dividend of $0.40 per share and a share repurchase mandate equivalent to an additional $0.40 per share, in addition to its annual base dividend of $0.20 per share ($0.05 per quarter). Teck will pay an eligible dividend of $0.45 per share on its outstanding Class A common shares and Class B subordinate voting shares on December 29, 2017, to shareholders of record at the close of business on December 15, 2017. This dividend represents the... More
