Royal Bank of Canada is increasing the size of its preferred share offering in response to strong investor demand, the bank said Thursday.
On Wednesday, the bank announced a $200 million offering.
The bank also granted the underwriters an option to purchase up to an additional 3 million shares at the same offering price of $25 a share.
Today, the bank said it has increased the underwriters option to 4 million shares.
IE
Witherington will be moving from head of Asia to running the whole company
The insurer is off-loading lower-return assets
The acquisition also marks the launch of Canaccord’s Ottawa office
Net assets rose to $675.1 billion in the quarter
S&P 500 will fall to 4,100, Canada will also see a recession, Peter Berezin forecasts
RBC still requires the credential in retail branches, FSRA provides date for forthcoming title protection review
Enforcement case volumes decline in fiscal 2024, agency says
Rep arranged a loan from one client to another to repay a "gang" debt