TORONTO, Aug 30 (Reuters) - Canadian Imperial Bank of Commerce (CM.TO) posted a 26 percent increase in third-quarter earnings and raised its dividend on Thursday, despite a previously announced C$290 million writedown tied to the U.S. …
Meanwhile, CIBC (TSX:CM) also said it is considering a U.S. stock listing for its Caribbean bank subsidiary. Dodig told investors said no decision has been made, but a U.S. listing would provide FirstCaribbean International Bank access to …
These values are based, says CIBC, on the closing price on the New York Stock Exchange of CIBC’s common shares on June 22, 2017 of US$80.95. It adds its U.S. region will operate under a unified CIBC brand, with rebranding activities …
The company has entered into a definitive agreement to be acquired by Canadian Imperial Bank of Commerce (NYSE: CM) in a cash and stock transaction. Ultimately, CIBC will pay $18.80 in cash and 0.3657 of a CIBC common share for …
BRIDGETOWN, Barbados, Thursday December 14, 2017 – The Barbados-headquartered CIBC FirstCaribbean International Bank has confirmed that it is exploring listing some of its shares on the stock market in the United States. The …
The Toronto Stock Exchange's S&P/TSX composite index ended up 13 points, or 0.09 percent, at 15,076.16. CIBC, Canada's fifth-biggest lender, fell 1.9 percent to C$105.57 despite recording a rise in earnings as a strong performance …
So, this is a very necessary move for CIBC to become a force there.'' On the Toronto Stock Exchange yesterday, shares of CIBC rose $2.75 (Canadian), or $2 (United States), to $40.65 (Canadian), or $30 (United States). While stocks in …
The expected closing date is June 11, 2014. CIBC will make an application to list the Series 39 Shares as of the closing date on the Toronto Stock Exchange. The net proceeds of this offering will be used for general purposes of CIBC.