STOCK TITAN

MATTR CORP - $MTTRF STOCK NEWS

Welcome to our dedicated page for MATTR news (Ticker: $MTTRF), a resource for investors and traders seeking the latest updates and insights on MATTR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MATTR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MATTR's position in the market.

Rhea-AI Summary
Mattr Corp. has successfully closed on its credit facility, extending a US$300 million senior secured revolving facility through April 2028. The Company secured the Credit Facility with leading financial institutions, providing financial flexibility for growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
none
-
Rhea-AI Summary
Mattr Corp. announced its Annual Meeting on May 15, 2024, held virtually. Shareholders can attend, ask questions, and vote in real-time through a live webcast. Non-registered holders can attend as guests but cannot vote unless appointed as a proxy. The Company is using 'notice-and-access' provisions to reduce physical mailing of Meeting materials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
-
Rhea-AI Summary
Mattr Corp. (TSX: MATR) will release its financial results for the period ended March 31, 2024, on May 14, 2024, followed by a conference call/webcast on May 15, 2024, at 9:00am ET. The presentation will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
Rhea-AI Summary
Mattr Corp. successfully closed a C$175 million private offering of 7.25% senior unsecured notes due 2031 to fund the redemption of 9.00% senior unsecured notes due 2026, pay related fees, and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.26%
Tags
none
-
Rhea-AI Summary
Mattr Corp. announced a private placement offering of C$175 million senior unsecured notes due 2031, upsized from C$150 million, to strengthen its balance sheet. The CEO highlighted successful business transformation and growth, aiming to lower the cost of capital and enhance long-term value creation. Proceeds will redeem 2026 notes and cover expenses, ensuring capital structure stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
Tags
none
-
Rhea-AI Summary
Mattr Corp. reported its operational and financial results for Q4 2023, showcasing a strategic shift towards harsh-environment infrastructure products. Despite challenges, Continuing Operations saw a 16% YoY increase in Adjusted EBITDA, with revenue hitting $925.3 million. The sale of the Pipeline Performance Group to Tenaris for $225 million concluded the strategic review. The Company anticipates net cash proceeds of $278.5 million post-working capital adjustments. With total net cash of $334.1 million, Mattr's financials remain robust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
Rhea-AI Summary
Mattr Corp. (TSX: MATR) will release its financial results for the period ended December 31st, 2023 on March 13th, 2024. A conference call/webcast to discuss the results will be held on March 14th, 2024. The presentation will be available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
-
Rhea-AI Summary
Mattr Corp. (TSX: MATR) has changed its US OTC ticker symbol to 'MTTRF' from 'SAWLF' to align with its legal name change from Shawcor Ltd. to Mattr Corp. No action is required by shareholders, and the change does not affect share capital or shareholder rights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
MATTR CORP

OTC:MTTRF

MTTRF Rankings

MTTRF Stock Data

United States of America