Canadian General Inv (TSE:CGI) has released an update.
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Canadian General Investments, Limited (CGI) has reported a substantial net asset value per share as of August 31, 2024, with impressive year-to-date and 12-month NAV returns outperforming its benchmark index. The company has also adjusted its leveraging strategy, decreasing bank borrowing to bolster shareholder returns. Despite the financial maneuvers, CGI’s share price returns have lagged behind the NAV returns for the same period.
For further insights into TSE:CGI stock, check out TipRanks’ Stock Analysis page.
