|Bid||24.00 x 1200|
|Ask||24.86 x 900|
|Day's range||24.37 - 24.37|
|52-week range||22.97 - 39.45|
|Beta (5Y monthly)||0.23|
|PE ratio (TTM)||7.45|
|Forward dividend & yield||1.04 (3.81%)|
|Ex-dividend date||15 Dec 2022|
|1y target est||N/A|
Sandpiper and Artis will also withdraw their request for a shareholder meet under the agreement announced Monday, First Capital said. Canadian private equity firm Sandpiper said in December it had launched a campaign to overhaul the board at First Capital, nominating four new members after "long record of underperformance."
Canadian private equity firm Sandpiper Group on Monday announced it had launched a campaign to overhaul the board at First Capital Real Estate Investment Trust (REIT), nominating four new members after "long record of underperformance." Sandpiper, which owns 9% of the outstanding units of First Capital REIT, said it was requisitioning a special meeting of unitholders no later than March 1. Sandpiper, which has been investing in First Capital REIT prior to the global COVID-19 pandemic, said the company's management and board have continued to pursue a flawed disposition strategy and been "combative" towards unitholders.