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Home | Business News | CBJ Newsmakers | The North West Company Inc. Announces the Sale of Giant Tiger Stores, a Support Office Restructuring, Fourth Quarter Earnings and a Quarterly Dividend

The North West Company Inc. Announces the Sale of Giant Tiger Stores, a Support Office Restructuring, Fourth Quarter Earnings and a Quarterly Dividend

The North West Company Inc

WINNIPEG, Manitoba, March 12, 2020 (GLOBE NEWSWIRE) — (TSX: NWC):  The North West Company Inc. (the “Company” or “North West”) announced today that it has entered into an agreement with Giant Tiger Stores Limited to sell 34 of the Company’s Giant Tiger stores.  The Company also announced information on support office cost reductions in its Canadian Operations, reported its unaudited financial results for the fourth quarter ended January 31, 2020 and announced that the Board of Directors have declared a dividend of $0.33 per share to shareholders of record on March 31, 2020, to be paid on April 15, 2020.

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CBJ Nov/Dec 2020 | Volume 13 | Issue 11/12
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