At close of market on Tuesday, Rogers Communications Inc. Class B Non-voting Shares (TSX:RCI.B) stock finished trading at +1.66%, bringing the stock price to $69.35 on the Toronto Stock Exchange. The stock price saw a low of $68.13 and a high of $69.46.
The company’s stock was traded 8,980 times with a total of 1,756,102 shares traded.
Rogers Communications Inc. Class B Non-voting Shares has a market cap of $27.86 billion, with 401.76 million shares in issue.
Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers’ wireless business accounted for over 60% of the company’s total sales in 2018 and has increasingly provided a bigger portion of total company sales over the last several years. Rogers’ cable segment, which provides about one fourth of total sales, offers home Internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers’ media unit, which owns and operates various television and radio stations, digital media and publishing assets, and the Toronto Blue Jays. Rogers’ significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.
