It has been a closed end fund on the TSX, but has just decided to switch it to an investment company in order to keep current with current security regulations. Trading at an enormous discount to its NAV. What they have done to close that gap is to buy back 30 million shares to shrink the capital base back to about 50 million shares outstanding.
Urbana Corp. (A Shares) is a Canadian stock, trading under the symbol URB.A-T on the Toronto Stock Exchange (URB.A-CT). It is usually referred to as TSX:URB.A or URB.A-T
In the last year, there was no coverage of Urbana Corp. (A Shares) published on Stockchase.
Urbana Corp. (A Shares) was recommended as a Top Pick by on . Read the latest stock experts ratings for Urbana Corp. (A Shares).
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In the last year, there was no coverage of Urbana Corp. (A Shares) published on Stockchase.
On 2024-03-28, Urbana Corp. (A Shares) (URB.A-T) stock closed at a price of $4.68.
They have lots of investments in financial firms such as exchanges. It trades at a big discount. The real upside is if their Indian stock exchange were to go public. They buy back every share they can.