Rona shares jump after chief executive steps down

Fri Nov 9, 2012 9:38am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Nov 9 (Reuters) - Shares of Canadian home-improvement and hardware retailer Rona Inc rose on Friday after the company said its longtime Chief Executive Robert Dutton was stepping down.

Shares of Rona, which recently refused a takeover by U.S.-based rival Lowe's Cos Inc, were up 7.0 percent at C$10.00 shortly after the open on the Toronto Stock Exchange.