Methanex Announces a 5% Share Repurchase Program
Methanex Corporation (the "Company" or "Methanex") (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a Normal Course Issuer Bid ("NCIB") whereby the Company
Piper Sandler Initiates Coverage On Methanex with Neutral Rating, Announces Price Target of $44
Piper Sandler analyst Charles Neivert initiates coverage on Methanex (NASDAQ:MEOH) with a Neutral rating and announces Price Target of $44.
Barclays Upgrades Methanex to Overweight, Raises Price Target to $53
Barclays analyst Michael Leithead upgrades Methanex (NASDAQ:MEOH) from Equal-Weight to Overweight and raises the price target from $39 to $53.
Unusual Options Activity Insight: Methanex
Methanex (NASDAQ:MEOH) shares experienced unusual options activity on Tuesday. The stock price moved up to $34.27 following the option alert.
Analyzing Methanex’s Unusual Options Activity
Shares of Methanex (NASDAQ:MEOH) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $34.03.
Understanding Methanex’s Ex-Dividend Date
On April 28, 2021, Methanex (NASDAQ:MEOH) declared a dividend payable on June 30, 2021 to its shareholders. Methanex also announced that shareholders on the company's books on or before June 16, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date.