STKL - Dividend announcements

SunOpta Inc. ("SunOpta" or the "Company") (NASDAQ:STKL) (TSX:SOY), a U.S.-based global pioneer fueling the future of sustainable, plant-based foods and beverages, today announced the elimination of the dividend rights attaching to the shares of Series B-1 Preferred Stock (the "Series B-1 Preferred Shares") of its subsidiary, SunOpta Foods Inc. (the "Subsidiary"), effective from and after December 31, 2023. Funds managed by Oaktree Capital Management, L.P. ("Oaktree") acquired 15,000 Series B-1 Preferred Shares for US$15 million in 2020 in a financing of the Company's plant-based foods and beverages business, principally to add capacity via capital projects and to provide incremental liqui

MINNEAPOLIS--(BUSINESS WIRE)--SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced financial results for the fourth quarter ended January 2, 2021. All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted. The Company’s financial results presented below reflect the divestiture of Tradin Organic (Global Ingredients segment) on December 30, 2020, unless otherwise indicated. Tradin Organic has been reported as discontinued operations for the current and prior pe

MINNEAPOLIS, Minnesota--(BUSINESS WIRE)--SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced that funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leading alternative investment management firm, have elected to exchange all of their Series A Preferred Shares for SunOpta common stock representing 12.3% of SunOpta’s issued and outstanding common shares on a post-exchange basis. Such stock is to be issued on or about February 17, 2021. On October 7, 2016, Oaktree invested $85 million in the Company in the form of e