Laurentian Bank of Canada LB
TSX · Canada · Finance
CAD 40.66-0.01 (-0.02%)
Market closed· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Fairstone will acquire Laurentian Bank, along with its commercial operations, while National Bank of Canada will take over retail and SME banking portfolios.
Laurentian Bank of Canada ("Laurentian Bank") is pleased to announce that the Canadian Investment Regulatory Organization and the relevant securities regulatory authorities have approved the previously announced acquisition by Fairstone Bank of Canada ("Fairstone Bank") of all of the issued and outstanding common shares of Laurentian Bank (the "Acquisition Transaction") and acquisition by National Bank of Canada (directly or through one or more affiliates) ("NBC") of Laurentian Bank's retail and
At its meeting held on August 27, 2026, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the "Bank") declared a regular quarterly dividend of 47 cents per share on the common shares, payable on October 30, 2026, to the holders of record at the close of business on October 1, 2026.
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