EDMONTON, AB, Sept. 14, 2021 /CNW/ - AutoCanada Inc.
("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North
American automobile dealership group, announced that the Company
was recognized by the Toronto Stock Exchange as a top-performing
company on the Toronto Stock Exchange's 2021 TSX30 list. TSX30
highlights the 30 top-performing TSX stocks, based on
dividend-adjusted share price appreciation over a three-year
period. AutoCanada's inclusion underscores the success of the
Go Forward plan initially outlined in 2018, as well as the
continued efforts of AutoCanada's team, which has resulted in a
stock price appreciation of approximately 212 per cent over the
past three years.
"We're thrilled to be recognized by the TSX30 program, and even
more proud of our people who have delivered extraordinary results
over the last few years," said Paul
Antony, AutoCanada's Executive Chairman. "I am particularly
proud of our ability to sustain this momentum despite the many
challenges presented by COVID. As a company, we're proud of what
we've built and are excited for what's to come, including continued
investment in our core strategic initiatives, our culture and our
team."
Founded in 2019, TSX30 is an annual flagship program,
recognizing companies that have sustained excellence over the long
term, driving growth in their industries, for their investors, and
the Canadian economy.
The TSX30 program considers all companies that have been listed
on the Toronto Stock Exchange for at least three years, with a
closing dividend-adjusted share price of at least C$0.50 and a market capitalization of at least
C$75 million as at June 30th, 2018. Of the 538 companies that met
these criteria, the 30 companies with greatest share price
appreciation over the period from July 1st,
2018 to June 30th, 2021 have
been named to this year's TSX30 program.
About AutoCanada
AutoCanada is a leading North American multi-location automobile
dealership group currently operating 66 franchised dealerships,
comprised of 27 brands, in eight provinces in Canada as well as a group in Illinois, USA. AutoCanada currently sells
Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC,
Buick, Cadillac, Ford, Infiniti,
Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda,
Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Honda and Porsche branded vehicles.
Additionally, the Company's Canadian operations segment currently
operates one used vehicle dealership supporting the Used Digital
Retail Division, and two stand-alone collision centres (within our
group of 17 collision centres). In 2020, our dealerships sold
approximately 66,000 vehicles and processed over 756,000 service
and collision repair orders in our 1,098 service bays generating
revenue in excess of $3 billion.
Additional information about AutoCanada Inc. is available at
www.sedar.com and the Company's website at www.autocan.ca.
SOURCE AutoCanada Inc.