Toronto Stock Exchange :Power Corp. of Canada. . Finance. Down $1.84, or 4.62 per cent, to $37.98 on $13.3 million shares.Suncor Energy Inc.. . Energy. Down 14 cents, or 0.29 per cent, to $48.85 on 7.6 million shares.Tilray Brands Inc. . Health care. Up 52 cents, or 19.77 per cent, to $3.15 on 7.0 million shares.Algonquin Power & Utilities. . Utilities. Up 10 cents, or 1.22 per cent, to $8.32. A U.S.
Starboard Value holds about a nine-per-cent stake in Algonquin. In a letter to the power utility's board of directors, Starboard says Algonquin is at a critical juncture and needs directors with the expertise, fresh perspective and shareholder-focused mindset to evaluate what may be a wide range of strategic options. Shareholders will vote on the composition of the company's board of directors at its annual meeting on June 4.
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