|Bid||18.46 x 0|
|Ask||18.58 x 0|
|Day's Range||18.43 - 18.55|
|52 Week Range||17.99 - 28.73|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||21.07|
|Forward Dividend & Yield||0.45 (2.40%)|
|Ex-Dividend Date||Nov 27, 2019|
|1y Target Est||N/A|
VAUGHAN, ON , Dec. 10, 2019 /CNW/ - Recipe Unlimited Corporation today announces that effective December 31, 2019 , Bill Gregson will be retiring from his role as Executive Chairman of the Board of Directors. From the outset of Fairfax's involvement in Recipe Unlimited, Bill led the complex restructuring, the subsequent initial public offering and all of the ensuing acquisitions.
VAUGHAN, ON , Sept. 25, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations Limited) (TSX: RECP, "Recipe" or the "Company") announces today the completion of its substantial issuer bid initially announced on August 14, 2019 (the "Offer"). Recipe has taken up and paid for 4,629,629 subordinate voting shares ("Shares") at a price of $27.00 per Share (the "Purchase Price"). The Shares purchased represent an aggregate purchase price of approximately $125 million and represent 7.6% of the total number of Recipe's issued and outstanding Shares and multiple voting shares as of August 14, 2019 , the date the Offer was announced.
VAUGHAN, ON , Sept. 23, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations Limited) (TSX: RECP, "Recipe" or the "Company") today announced the preliminary results of its substantial issuer bid initially announced on August 14, 2019 (the "Offer"), pursuant to which Recipe offered to purchase for cancellation a number of its subordinate voting shares ("Shares") for an aggregate purchase price not to exceed $125 million at a purchase price of not less than $24.50 and not more than $27.00 per Share. In accordance with the terms and conditions of the Offer, and based on the preliminary calculations from Computershare Investor Services Inc. (the "Depositary"), as depositary for the Offer, Recipe expects to take up and pay for 4,629,629 Shares at a price of $27.00 per Share (the "Purchase Price") under the Offer, representing an aggregate purchase price of approximately $125 million and 7.6% of the total number of Recipe's issued and outstanding Shares and multiple voting shares before giving effect to the Offer.
VAUGHAN, ON , Aug. 14, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations) (TSX: RECP, "Recipe" or the "Company") announces today that its Board of Directors has authorized a substantial issuer bid (the "Offer") to purchase for cancellation a number of subordinate voting shares of the Company (the "Shares") for an aggregate purchase price not exceeding $125 million . The Offer will expire at 5:00 p.m. ( Toronto time) on September 20, 2019 (the "Expiry Date"), unless extended, varied or withdrawn by Recipe. The Offer Documents are expected to be mailed to shareholders, filed with applicable Canadian securities regulatory authorities and made available without charge on SEDAR at www.sedar.com, as well as being posted on the Company's website at www.recipeunlimited.com promptly.
VAUGHAN, ON , June 20, 2019 /CNW/ - Recipe Unlimited Corporation ("Recipe") (RECP.TO) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for its subordinate voting shares (the "Shares") as appropriate opportunities arise from time to time. Recipe's NCIB will be made in accordance with the policies of the TSX. Recipe may purchase its Shares for cancellation during the period from June 24, 2019 to June 23, 2020 . Pursuant to the notice and subject to the market price of its Shares and other considerations, Recipe may acquire over the next 12 months up to 1,822,329 Shares, representing 10% of the public float of 18,223,293.
Recipe Unlimited reports Q1 2019 total System Sales growth of 12.5%, Operating EBITDA grows 8.4%
The Company is issuing the 10-year Notes in order to secure long-term capital at favourable terms. The Notes have a fixed coupon and will bear interest from their date of issue at a rate of 4.719% per annum, payable semi-annually, and will mature on May 1, 2029 (a 10-year term). The Company will use the net proceeds of the Notes offering to reduce current borrowings under the Company's existing credit facility.
VAUGHAN, ON , April 17, 2019 /CNW/ - In its continuing efforts to reduce waste and improve its impact on the environment, Recipe Unlimited is announcing the removal of delivery and take-home plastic bags across its entire network of restaurants, including brands like Swiss Chalet, Harvey's, East Side Mario's, Kelseys and Montana's . Last year, Recipe was one of the first companies in Canada to eliminate plastic straws from all of its restaurants. "We have a full-court press on reducing waste wherever we can, as quickly as we can," says Frank Hennessey , CEO, Recipe Unlimited Corporation.
Recipe Unlimited reports Fiscal 2018 results and announces 5% dividend increase - Total System Sales grow to $3.4 billion, Operating EBITDA increases to $219.6 million
Recipe Unlimited Corporation declares fourth quarter dividend - dividend increases 5% to 11.21 cents per share