Teck Resources (TECK) Updates Separation Transaction Terms in Response to Shareholder Feedback
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Teck Updates Separation Transaction Terms in Response to Shareholder Feedback
April 13, 2023 8:35 AM EDTReduction in royalty minimum term allows for earlier full separationEVR capital expenditure cap enhances alignment between EVR and Teck Metals
VANCOUVER, British Columbia, April 13, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced changes to allow for an earlier full separation of Teck Metals Corp. (Teck Metals) and Elk Valley Resources Ltd. (EVR) and to maximize free cash flow available to be returned to shareholders, following approval of the separation by shareholders on April 26, 2023.
As described in Tecks recent management proxy circular dated... More
Teck Board of Directors Unanimously Rejects Revised Unsolicited Proposal from Glencore
April 13, 2023 8:30 AM EDTGlencores revised proposal is materially unchanged and still not in best interest of Teck Board recommends shareholders vote FOR separation and dual class amendment
VANCOUVER, British Columbia, April 13, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced that its Board of Directors has reviewed and unanimously rejected a revised unsolicited acquisition proposal from Glencore plc, received on April 11, 2023, which would see that company acquire Teck.
Consistent with its fiduciary duties and in consultation with its financial and legal... More
