Atlas Corporation (NYSE:ATCO)
Stock data as of
Open: Tue April 13, 2021 12:00 AM
About Atlas Corporation
Atlas Corp. operates as a global asset manager that owns and operates the businesses in which it invests. The company is headquartered in Vancouver, British Columbia and currently employs 4,400 full-time employees. The company went IPO on 2005-08-09. The firm operates through its subsidiaries, Seaspan Corp (Seaspan) and APR Energy. Seaspan is an independent charter owner and operator of containerships with integrated ship management services. Seaspan’s operating fleet consists of approximately 118 vessels. The Company, through APR Energy, provides power and mobile power solutions. The company builds, owns and operates power plants. Its power solutions include interim power, long-term power and power services. Its mobile technology solutions include mobile gas turbines, gensets, solar hybrid and long-term technologies. The company offers customized solutions, including flexible plant design, fast-track installation, balance of plant, and decommissioning.
Atlas Corp Announces Exchange Offer for Seaspan's 7.125% Notes due 2027 Wed, 07 Apr 2021 16:15:00 -0400 - Up to $80 million may be exchanged into new registered notes issued by Atlas LONDON, April 7, 2021 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE: ATCO) today announced that it has commenced an offer to exchange (the "Exchange Offer") up to $80,000,000 aggregate principal amount of 7.125% Notes due 2027 (the "ATCO Notes"), which have been registered under the Securities Act of 1933, as amended, for any and all outstanding $80,000,000 aggregate principal amount of 7.125% Notes due 2027 of its subsidiary, Seaspan Corporation (the "Seaspan Notes"). The Seaspan Notes were originally issued in October 2017.
Atlas Declares Quarterly Dividends on Common and Preferred Shares Tue, 06 Apr 2021 08:00:00 -0400 - LONDON, April 6, 2021 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE: ATCO) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred shares as follows: Security Ticker Dividend per Share Period Record Date Payment Date Common ATCO $0.125 January 1, 2021 - March 31, 2021 April 20, 2021 April 30, 2021 Series D Preferred ATCO PD $0.496875 January 1, 2021 - March 31, 2021 April 29, 2021 April 30, 2021 Series E Preferred ATCO PE $0.515625 January 1, 2021 - March 31, 2021 April 29, 2021 April 30, 2021 Series G Preferred ATCO PG $0.5125 January 1, 2021 - March 31, 2021 April 29, 2021 April 30, 2021 Series H Preferred ATCO PH $0.492188 January 1, 2021 - March 31, 2021 April 29, 2021 April 30, 2021 Series I Preferred ATCO PI $0.50 January 1, 2021 - March 31, 2021 April 29, 2021 April 30, 2021 About Atlas Atlas is a leading global asset management company, differentiated by its position as a best-in class owner and operator with a focus on deploying capital to create sustainable shareholder value. Atlas brings together an experienced asset management team with deep operational and capital allocation experience.
Seaspan Announces Newbuild Order for Six 15,500 TEU Containerships Tue, 30 Mar 2021 08:49:00 -0400 - Continues to Execute Significant Quality Growth Adding 580,000 TEU Beginning in December 2020 LONDON, March 30, 2021 /PRNewswire/ - Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced that it has entered into an agreement with a major shipyard for six 15,500 TEU modern newbuild container ships ("the Vessels") with anticipated deliveries beginning in the second half of 2023 and extending through to mid-year 2024. The six high-quality 15,500 TEU containerships will be scrubber-fitted and include industry-leading emissions reduction technologies.
Watsa's Atlas and Fairfax Are in a Sweet Spot Mon, 29 Mar 2021 17:46:30 -0400 - Something big is coming our way: container ships. As the Covid-19 lockdowns end around the world and economies unfreeze, it is unleashing a huge demand wave.