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CWB announces TSX approval for normal course issuer bidCanadian Western Bank (TSX: CWB) announced today that a normal course issuer bid authorized by its Board of Directors to purchase for cancellation during the next 12 months up to 1,740,000 common shares, representing approximately 2% of the issued and outstanding common shares, has been approved by the Toronto Stock Exchange, commencing October 1, 2019.
CWB Financial Group furthers commitment to women’s empowermentCWB Financial Group has signed the UN Women's Empowerment Principles (WEPs), a joint initiative of UN Women and the UN Global Compact (UNGC), further demonstrating the Group’s commitment to gender equality and women’s empowerment.
CWB reports strong third quarter financial performance and common share dividend increaseCWB Financial Group (TSX: CWB) (CWB) today announced strong third quarter financial performance with common shareholders’ net income of $71 million and pre-tax, pre-provision income of $117 million, up 14% and 6%, respectively, from the third quarter last year.
CWB declares dividendsCanadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share (TSX:CWB), payable on September 27, 2019 to shareholders of record on September 13, 2019. This quarterly dividend is up two cents, or 8%, from the dividend declared one year ago and one cent, or 4%, from the prior quarter. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.2688125 per Series 5, $0.390625 per Series 7, and $0.375 per Series 9, all payable on October 31, 2019 to shareholders of record on October 24, 2019.