FAQ

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Why invest in TransForce?

TransForce builds shareholder value through the strategic acquisition of successful companies. TransForce’s growth strategy is to acquire well-managed companies that are leaders in their market. We retain existing management and provide them with the requisite tools and support to improve. Our strategy is focused, disciplined, highly developed and proven.

Businesses under consideration must meet strict standards and be accretive for shareholders in the near term. They must have demonstrable value in expanding our portfolio of companies by increasing our geographic reach, by providing complementary services, or by improving market penetration.

Smart, strategic acquisitions have been the key to TransForce’s growth. These additions have grown our businesses, enhanced our capability to serve a large variety of customers, and provided new platforms for further growth.

By executing our strategy, TransForce will continue to grow, lead the consolidation of the highly fragmented transportation and logistics industry, and deliver returns to shareholders.

 

What is TransForce’s dividend policy?

TransForce adopted a Dividend Policy (the « Policy ») whereby approximately 20-25% of TransForce's annualized free cash flow available would be distributed every year as dividends to shareholders on a quarterly basis. The Board of Directors (the « Board ») has determined that this level of distribution would allow TransForce to maintain sufficient financial resources and flexibility to execute its operating and disciplined acquisition strategies, while providing an adequate return on shareholder's capital. The Board may also, at its discretion and at any time, changes the amount of dividends distributed and/or elect not to distribute a dividend, whether as a result of a one-time decision or a change in the Policy. The current quarterly dividend is $0.145 per share since January 2014.

 

Does TransForce offer a Dividend Reinvestment Plan?

Not at the present time.

 

Are TransForce shares RRSP eligible?

Yes.

 

What are TransForce’s acquisition criteria?

Businesses under consideration are held to rigorous standards. They must demonstrate the ability to add near-term shareholder value, increase our geographic reach, provide complementary services, or improve market penetration.

 

How do I obtain information about my account and/or how do I sell/transfer ownership of my shares?

If you are a registered shareholder, you should contact Computershare Trust Company of Canada. If you are not a registered shareholder, you should contact your broker or financial institution.

 

If my TransForce share certificate is lost, stolen or destroyed, how can I replace it?

If your TransForce share certificate has been lost, stolen or destroyed, you should contact Computershare Trust Company of Canada. A representative from the Shareholder Service department will send you the necessary documentation to arrange for the issuance of a replacement certificate. You will also be required to pay an indemnity bond premium fee, which is equal to 2% of the market value of the shares represented by your lost certificate(s)