Latest United Corps Ltd (UCPLF) Headlines United
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United Corporations Limited Announces Dividends
Marketwire - Tue Feb 04, 1:23PM CST
The Board of Directors of United Corporations Limited (TSX: UNC)(TSX: UNC.PR.A)(TSX: UNC.PR.B)(TSX: UNC.PR.C) today declared the following cash dividends:
United Corporations Limited Announces Reallocation of Assets
Marketwire - Tue Jan 14, 3:01PM CST
The Board of Directors of United Corporations Limited (TSX: UNC)(TSX: UNC.PR.A)(TSX: UNC.PR.B)(TSX: UNC.PR.C) ("United") announces that effective January 13, 2014 it has allocated its assets evenly between United's two external investment managers, Jarislowsky Fraser Limited ("JFL") and ValueInvest Asset Management S.A. ("ValueInvest") in order to diversify manager risk. Both JFL and ValueInvest have global equities mandates. As a consequence of this decision, approximately $300 million (fair value as at January 8, 2014) of assets managed by JFL will now be managed by ValueInvest.
E-L Financial Corporation Limited Announces Acquisition of Common Shares of United Corporations Limited
Marketwire - Fri Nov 15, 11:55AM CST
E-L Financial Corporation Limited ("E-L") (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) announces that it acquired a further 6,400 Common Shares of United Corporations Limited ("United"), increasing its ownership from 6,259,259 (51.33%) of the Common Shares to 6,265,659 (51.38%) of the Common Shares. E-L has an informal understanding with other shareholders of United under which they act in concert with respect to the voting of securities of United held by them. The purchase increases the ownership of E-L and these other shareholders from 9,002,901 (73.83%) of the Common Shares to 9,009,301 (73.88%) of the Common Shares. The purchase was effected through the facilities of the Toronto Stock Exchange for consideration of $70.62 per share. The purchase, and E-L's holding of Common Shares of United, are for investment purposes only. E-L may purchase further Common Shares from time to time, if in its judgment the shares represent a good investment in view of their price. E-L is relying on the exemption from the formal bid requirements set forth in section 100 of the Securities Act (Ontario). The normal course purchase exemption is available as E-L's purchase of 6,400 Common Shares (together with other purchases by E-L, and the other shareholders with which E-L acts in concert, in the preceding 12 months) did not exceed 5% of the outstanding Common Shares of United; there is an established market for the Common Shares; and, the value of the consideration paid for the Common Shares will not exceed the market price, plus reasonable brokerage fees or commissions actually paid.
United Corporations Limited Announces Outcome of Director Elections
Marketwire - Thu Jun 27, 1:29PM CDT
United Corporations Limited (TSX: UNC)(TSX: UNC.PR.A)(TSX: UNC.PR.B)(TSX: UNC.PR.C) reports the following voting results for the election of directors at its Annual Meeting of Shareholders held on June 26, 2013:
United Corporations Limited Announces Dividend on Common Shares
Marketwire - Wed May 08, 11:35AM CDT
The Board of Directors of United Corporations Limited (TSX: UNC) has declared a cash dividend of $0.63 per Common Share payable June 28, 2013 to shareholders of record on June 14, 2013. This dividend represents a distribution of the balance of net investment income (after payment of preferred share dividends) for the year ended March 31, 2013.