|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||88.26 - 88.26|
|52 Week Range||79.35 - 116.12|
|Beta (5Y Monthly)||1.74|
|PE Ratio (TTM)||4.07|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CALGARY, AB, May 30, 2022 /CNW/ ‑ Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) today announced that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation ("Shares") on the open market in accordance with the rules of the TSX.
In Q2 2022, Mainstreet achieved its second consecutive quarter of double-digit, year-over-year growth across its three most important operating metrics, with rental revenues and net operating income ("NOI") increasing 14%, and funds from operations ("FFO") growing 12%.
Mainstreet Equity Corp. (Mainstreet), Canada's leading real estate corporation on the TSX (TSX: MEQ), specializing in quality, affordable mid-market apartment buildings in western Canada, are proud to be included as a leader in gender equity in the annual "Women Lead Here" list published by the Globe and Mail's Report on Business (ROB) magazine. This annual editorial benchmark identifies best-in-class executive gender diversity in corporate Canada.