I'm LongbridgeAI, I can summarize articles.Royal Bank of Canada (RY.US) rose more than 2% in after-hours trading to $206.74.
The stock is up 2.77% over the past five sessions and up 24.48% year to date. It sits 46.81% above its 52-week low of US$140.82. Volume was 0.24 times its average.
The Nasdaq Composite is up 2.27% over the past five sessions and up 8.15% year to date.
The company announced an agreement to acquire Australian asset manager Yarra Capital Management, which oversees approximately A$18 billion in assets. The acquisition aims to expand RBC's global asset management footprint in the Asia-Pacific region and enhance its capabilities in fixed income, equities and alternative investments. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals.
Separately, Royal Bank of Canada issued 5,000 put warrants linked to the S&P 500 at $5.20 each, with a settlement date of Dec. 14, 2026. The bank also issued $250 million of senior fixed-to-floating rate notes, Series J, on Nov. 9, 2026, carrying a 5.63% coupon and maturing on Nov. 5, 2032.
Based on public media reports. AI-generated; not investment advice.