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The Trinidad and Tobago Stock Exchange (TTSE) is the main stock exchange in the Republic of Trinidad and Tobago, and the largest stock exchange in the Caribbean region by market capitalization. As a member-state of CARICOM several companies from Barbados , Jamaica , Saint Vincent and the Grenadines and the Eastern Caribbean Securities Exchange ...
Its GNI per capita of US$20,070 [1] (2014 GNI at Atlas Method) is one of the highest in the Caribbean. [2] In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy.
Trinidad Petroleum Holdings Limited (TPHL) was incorporated on 5 October 2018, with the government of Trinidad and Tobago the sole shareholder. [5] On 1 December 2018 Petrotrin was dissolved. Its petroleum exploration, development, and production assets and responsibilities were distributed to a new corporation, Heritage Petroleum.
The Securities Industry Act 1995 (SIA, 1995) [2] is the act by which the Trinidad and Tobago Securities and Exchange Commission was established. In December 2012, the SIA 1995 was repealed and replaced by the Securities Act (SA 2012) [3] “an Act to provide protection to investors from unfair, improper or fraudulent practices; foster fair and efficient securities markets and confidence in the ...
For example, you own 100 shares of Company X at $100 per share. If that company instituted a 4-for-1 stock split, shares would separate into four equal parts. This would give you 400 shares of ...
Pages in category "Conglomerate companies of Trinidad and Tobago" The following 3 pages are in this category, out of 3 total.
Market cap is given by the formula =, where MC is the market capitalization, N is the number of common shares outstanding, and P is the market price per common share. [ 2 ] For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million.
A third company, Trinmar Ltd was merged into the company in 2000. [3] Trintoc was formed from the assets of Shell Trinidad Ltd in 1974 and Texaco in 1985. Trintopec was formed in 1985 when the government purchased the interests of Trinidad Tesoro, a joint venture between the government and Tesoro Oil Company, which was created to purchase the ...