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Miner Cameco expected to boost dividends after win on Westinghouse investment
Source: The Globe and Mail
IPOs & SPACsCapital Returns (Dividends / Buybacks)Commodities & Raw MaterialsEnergy Markets & Prices
Cameco shareholders are expected to benefit from a substantial gain on the company’s investment in Westinghouse Electric Co. as Westinghouse prepares for an initial public offering. The Saskatoon-based uranium miner is poised to increase dividends following the IPO, creating a potentially material capital-return catalyst for Cameco investors.
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