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Transaction HighlightsAnticipated consideration of $1.15 per Rifco Share represents a significant premium of approximately 28% to the closing price of Rifco Shares on August 9, 2021 100% cash consideration ....
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Rifco Inc.: Rifco National Auto Finance Appoints New President and Announces a Strategic Initiative Rifco Inc. (TSXV: RFC) ( Rifco or the Company ) is pleased to provide its investors with an update on the Company. Rifco National Auto Finance Inc. ( RNAF ), a wholly owned subsidiary of Rifco, has appointed Roger Saran as its President & Chief Operating Officer reporting to Jeffrey Newhouse, Chief Executive Officer of Rifco Inc. Prior to his promotion, Roger was Vice President and Chief Credit Officer of RNAF, a role in which he led the development of the Company s revamped credit underwriting process, including new custom credit and pricing models. Roger brings more than 20 years of experience in financial services across diverse roles in marketing, operations, finance and analytics. In his new role, Roger will be responsible for the operations of RNAF and overall growth of the Company in accordance with the strategic mandate established by the Board of Direct ....
Message : Required fields Red Deer, Alberta (Newsfile Corp. - February 24, 2021) - Rifco Inc. (TSXV: RFC) ( Rifco or the Company ) is pleased to announce its consolidated third quarter results for the period ended December 31, 2020. Third Quarter Highlights On November 27, 2020, Rifco declared a $0.35 per common share special dividend. The dividend was paid in cash on December 7, 2020 in the amount of $7.6M. Rifco reported year-to-date Adjusted Net Income before Taxes of $3.8M and $0.18 per share. This is 518% higher than the prior year. This is the best Adjusted Net Income before Taxes the Company has achieved since 2016 despite the ongoing COVID-19 pandemic. Adjusted Net Income before Taxes removes the effects of the non-cash change in provision for impairment and one-time strategic review expenses. Net income including these items and taxes, was $4.1M and $0.19 per share. ....
Rifco Inc.: Corrected - Rifco Reports Third Quarter Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.