Bombardier Announces New Normal Course Issuer Bid to Repurchase Company Shares
Monday, 1 April 2024, 17:07
Bombardier Announces New Normal Course Issuer Bid
Bombardier has taken a significant step by initiating a new normal course issuer bid on April 3, 2024, with the intention of repurchasing up to 1.75 million class B shares. This strategic move underscores the company's dedication to enhancing shareholder value and streamlining its capital structure.
Key Points:
- Bombardier commences a new normal course issuer bid.
- Repurchase Plan: Up to 1.75 million class B shares targeted.
- Shareholder Value: Focus on enhancing shareholder value and optimizing capital structure.
- Future Prospects: This bid aims to consolidate ownership and boost investor confidence.
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