Onex Corporation (ONEX), an asset management firm specializing in acquisitions, Friday reported lower earnings for the first quarter compared to the same period last year.
Quarterly earnings decreased to $129 million $1.76 per share from $168 million or $2.36 per share of last year.
Asset management fee related earnings declined to $5 million from $11 million of previous year.
Total fee-related income was a loss of $3 million compared with earnings of $2 million for the same period prior quarter.
Additionally, the company declared a quarterly dividend of C$0.10 per Subordinate Voting Share payable on July 31, 2026, to shareholders of record on July 10.
Currently, ONEX shares are trading at C$112.94, up 2.12% on the Toronto Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.