StreetInsider.com News Articles

Melcor Developments receives approval for share buyback program

Mon, 08 Jun 2026 08:04:05 -0400

Melcor Developments Ltd. (TSX: MRD) announced that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid. The Alberta-based real estate development company may purchase up to 1,499,317 common shares for cancellation during the twelve-month period from June 10, 2026 to June 9, 2027.

The buyback represents approximately 5% of Melcor's issued and outstanding common shares. The company faces a daily repurchase restriction of 2,030 shares and will pay market price at the time of acquisition for any purchased shares.

Under its previous normal course issuer bid through May 31, 2026, Melcor purchased 308,014 common

Melcor Developments Ltd. Announces Normal Course Issuer Bid

Mon, 08 Jun 2026 08:00:00 -0400

EDMONTON, Alberta, June 08, 2026 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems including: Alpha ATS, Omega ATS, Pure Trading, CHI-X Canada, CX2 and MATCH Now (Triact Canada).

The notice provides that Melcor may, during the twelve-month period commencing June 10, 2026 and ending June 9, 2027, purchase for cancellation up to 1,499,317 common shares in

Melcor Developments Ltd. Announces Normal Course Issuer Bid

Mon, 08 Jun 2026 08:00:00 -0400

The notice provides that Melcor may, during the twelve-month period commencing June 10, 2026 and ending June 9, 2027, purchase for cancellation up to 1,499,317 common shares in

Melcor Developments Ltd. Announces Normal Course Issuer Bid

Mon, 08 Jun 2026 08:00:00 -0400

The notice provides that Melcor may, during the twelve-month period commencing June 10, 2026 and ending June 9, 2027, purchase for cancellation up to 1,499,317 common shares in

Melcor Developments Ltd. Announces Normal Course Issuer Bid

Mon, 08 Jun 2026 08:00:00 -0400

The notice provides that Melcor may, during the twelve-month period commencing June 10, 2026 and ending June 9, 2027, purchase for cancellation up to 1,499,317 common shares in

Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share

Thu, 07 May 2026 17:30:00 -0400

EDMONTON, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the first quarter ended March 31, 2026. The first quarter Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or on SEDAR+ (www.sedarplus.ca).

Timothy Melton, Melcor’s Executive Chair and Chief Executive Officer, commented: "For the first quarter of 2026, Melcor generated revenues of $45.37 million at a gross margin of 48.1%, compared to revenues

Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share

Thu, 07 May 2026 17:30:00 -0400

Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share

Thu, 07 May 2026 17:30:00 -0400

Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share

Thu, 07 May 2026 17:30:00 -0400

Melcor announces election of directors

Thu, 23 Apr 2026 17:02:00 -0400

EDMONTON, Alberta, April 23, 2026 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 23,164,739 shares were voted in person or by proxy, representing 77.07% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:

EDMONTON, Alberta, March 10, 2026 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2025. The annual Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or on SEDAR+ (www.sedarplus.ca).

Timothy Melton, Melcor’s Executive Chair and Chief Executive Officer, commented: "2025 marks a milestone year for Melcor, with revenues exceeding $400 million and funds from operations exceeding $100 million, both for the

Melcor Developments announces results for 2025, declares quarterly dividend of $0.15 per share and special dividend of $0.35 per share

Tue, 10 Mar 2026 18:25:00 -0400

Melcor Developments announces results for 2025, declares quarterly dividend of $0.15 per share and special dividend of $0.35 per share

Tue, 10 Mar 2026 18:25:00 -0400

Melcor Developments announces results for 2025, declares quarterly dividend of $0.15 per share and special dividend of $0.35 per share

Tue, 10 Mar 2026 18:25:00 -0400

Melcor Developments announces third quarter results, declares quarterly dividend of $0.13 per share

Thu, 06 Nov 2025 18:09:00 -0400

EDMONTON, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter ended September 30, 2025. The third quarter Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or on SEDAR+ (www.sedarplus.ca).

Timothy Melton, Melcor’s Executive Chair and Chief Executive Officer, commented: "Melcor is pleased to report results for the third quarter of 2025. Revenue in the quarter was up 21.9% to $72.54 million (Q3-2024: $59.51

Melcor Developments announces third quarter results, declares quarterly dividend of $0.13 per share

Thu, 06 Nov 2025 18:09:00 -0400

Melcor Developments announces third quarter results, declares quarterly dividend of $0.13 per share

Thu, 06 Nov 2025 18:09:00 -0400

Melcor Developments announces third quarter results, declares quarterly dividend of $0.13 per share

Thu, 06 Nov 2025 18:09:00 -0400

Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

Thu, 14 Aug 2025 17:30:00 -0400

EDMONTON, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter ended June 30, 2025. The second quarter Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or on SEDAR+ (www.sedarplus.ca).

Timothy Melton, Melcor’s Executive Chair and Chief Executive Officer, commented: "Melcor is pleased to report results for the second quarter of 2025. Consolidated revenues year-to-date reached $150.88 million, a 26.3%

Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

Thu, 14 Aug 2025 17:30:00 -0400

Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

Thu, 14 Aug 2025 17:30:00 -0400

Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

Thu, 14 Aug 2025 17:30:00 -0400