MCAN Mortgage Corp
TSX:MKP
MKP's latest stock split occurred on Nov 23, 2022
The company executed a 1693-for-1676 stock split, meaning that for every 1676 shares held, investors received 1693 new shares.
Before the split, MKP traded at 16.29 per share. Afterward, the share price was about 13.4387.
The adjusted shares began trading on Nov 23, 2022. This was MKP's 5th stock split, following the previous one in Mar 14, 2022.
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MCAN Mortgage Corp
Glance View
MCAN Mortgage Corp. operates as a mortgage investment corporation. The company is headquartered in Toronto, Ontario and currently employs 128 full-time employees. The firm's primary objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including single family residential, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans and real estate investments, including its investment in MCAP Commercial LP (MCAP). The firm's wholly owned subsidiary, XMC Mortgage Corporation, is an originator of single-family residential mortgage products across Canada. Its diversified corporate lending portfolio includes residential construction, non-residential construction and commercial loans, all within Canada. Its corporate mortgages include insured and uninsured residential single-family mortgages, uninsured completed inventory loans, construction loans and commercial loans. The firm is also a mortgage-backed securities (MBS) issuer.
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