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When was Logistec Corporation incorporated? |
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Logistec Corporation was incorporated on February 29, 1952 under the name Quebec Terminals Ltd. and later changed its name to Logistec Corporation on April 15, 1969, just prior to becoming a publicly traded company. |
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When did Logistec Corporation become public? |
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Logistec Corporation's shares were first listed on the Toronto and Montreal Stock Exchanges on September 24, 1969. |
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Where are your shares traded? |
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Today, Logistec's shares are traded on the Toronto Stock Exchange (TSX). |
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What are Logistec's ticker symbols? |
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TSX - LGT.A for Class A Common Shares
TSX - LGT.B for Class B Subordinate Voting Shares |
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Why does Logistec have two classes of shares and what are the differences? |
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In 1985, the common shares of Logistec Corporation were converted into Class A Common Shares and Class B Subordinate Voting Shares were created to be issued under the Quebec Stock Savings Plan (QSSP). Class A Common Shares carry 30 votes per share and can be converted (on a one-for-one basis) to Class B Subordinate Voting Shares at the holder's discretion. Class B Subordinate Voting Shares carry one vote per share, entitle their holders to receive a dividend equal to 110% of dividends declared on Class A Common Shares, and carry coattail provisions. |
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How often does Logistec pay dividends to shareholders? |
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Dividends are paid quarterly. Current dividend rates are 9¢ per Class A Common Share per quarter and 9.9¢ per Class B Subordinate Voting Share per quarter. |
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Has the company stock ever been split? |
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Yes, the Logistec shares have been split once in the past. On May 14, 1999, both classes of shares (LGT.A and LGT.B) were split 3 for 1. |
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Does the company have a major shareholder? |
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Yes, Logistec Corporation is controlled by Sumanic Investments Inc., which controls approximately 75% of the voting rights. The voting shares of Sumanic Investments are held as to 33 1/3% each by 3127419 Canada Inc., 3127401 Canada Inc. and 3127397 Canada Inc.
Ms. Suzanne Paquin holds the voting rights of 3127419 Canada Inc. as to 100%, Ms. Madeleine Paquin holds the voting rights of 3127401 Canada Inc. as to 100% and Ms. Nicole Paquin holds the voting rights of 3127397 Canada Inc. as to 100% |
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What is Logistec Corporation's fiscal year end? |
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Logistec's fiscal year end is December 31. |
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Where are the company's headquarters? |
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Logistec Corporation's headquarters are located at 360 St. Jacques Street, Suite 1500, Montréal, Québec H2Y 1P5. |
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Who are the company's independent auditor? |
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Deloitte s.e.n.c.r.l.
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Who is the transfer agent? |
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Computershare Investor Services Inc.
1500 University, Suite 700
Montreal, Quebec H3A 3S8 |
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How can you obtain financial reports on Logistec Corporation? |
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All publicly released financial reports of the company may be obtained in the Investor Relations section of our website at www.logistec.com. You may also contact the company c/o Jean-Claude Dugas CPA, CA, Vice-President, Finance, 360 St. Jacques Street, Suite 1500, Montreal, Quebec H2Y 1P5. |
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When is the company's next annual meeting? |
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Logistec Corporation's next annual shareholders meeting will be held on May 9, 2013 at 9:30 a.m. at the Auditorium of the Bourse de Montreal, located at 800 Square Victoria, 4th Floor, in Montréal. |
LGT.A
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