Suncor Energy Inc. . Energy. Up 58 cents, or 1.1 per cent, to $52.52 on 9.7 million shares.Tamarack Valley Energy Ltd. . Energy. Up 31 cents, or 5.2 per cent, to $6.25 on 8.7 million shares.Cineplex Inc. . Up five cents to $12.69. Cineplex Inc. and Scotiabank say grocery giant Empire Company Ltd. has become one of the co-owners of their Scene+ loyalty program.
Shopify Inc. . Up $23.98 or 5.3 per cent to $476.52. Shopify Inc. shareholders voted to solidify founder and CEO Tobi Lutke’s voting power for as long as he is at the company andensurehe, his family and affiliates will hold 40 per cent of the company’s voting power. The approval received Tuesday at the Ottawa e-commerce company’s annual general meeting ushered in a new corporate governance structure to grant Lutke non-transferable founder shares.
Cenovus Energy Inc. . Up 90 cents or three per cent to $30.95. The chief executive of Cenovus Energy Inc. says he believes the future of energy is going to be less about transition and more about diversification. Alex Pourbaix says the clash between global energy demand and the need to reduce emissions to mitigate climate change is the biggest single issue facing the oil and gas industry in 2022.
Barrick Gold Corp. . Up 22 cents to $25.98. Barrick Gold Corp. says it has sold its 8.5 per cent stake in Perpetua Resources Corp. The gold miner says it sold the 5,382,587 common shares in Perpetua through the facilities of the Nasdaq, Cboe, Direct Edge and NYSE-ARCA. Barrick says its gross cash proceeds totalled about $21.7 million or $4.04 per share. Idaho-based Perpetua is developing the Stibnite gold project. Barrick says it sold the shares for “investment portfolio management purposes.