- Bombardier (TSX:BBD.A) stock climbed 2.5 per cent in early Friday trading after the company unveiled its recently elected board of directors
- During its annual general meeting of shareholders, Bombardier held its election of directors, where 13 candidates proposed by management were elected
- Bombardier’s shares have risen more than 9 per cent this week, on the back of strong news from the company, including Q1 2024 financial results highlighted by significant increases in service revenue
- Bombardier Inc. stock opened trading at C$61.82 per share
Bombardier (TSX:BBD.A) stock climbed 2.5 per cent in early Friday trading after the company unveiled its recently elected board of directors.
During its annual general meeting of shareholders, Bombardier held its election of directors, where each of the following 13 candidates proposed by management was elected:
| Candidates |
Votes for |
Per cent for |
Votes against |
Per cent against |
| Pierre Beaudoin |
140,465,251 |
97.46 |
% |
3,657,431 |
2.54 |
% |
| Joanne Bissonnette |
142,222,965 |
98.68 |
% |
1,901,317 |
1.32 |
% |
| Charles Bombardier |
142,221,322 |
98.68 |
% |
1,902,960 |
1.32 |
% |
| Rose Damen |
143,444,894 |
99.53 |
% |
679,389 |
0.47 |
% |
| Diane Fontaine |
142,284,393 |
98.72 |
% |
1,839,889 |
1.28 |
% |
| Ji-Xun Foo |
132,269,416 |
91.78 |
% |
11,853,766 |
8.22 |
% |
| Diane Giard |
142,709,187 |
99.02 |
% |
1,414,753 |
0.98 |
% |
| Anthony R. Graham |
143,292,867 |
99.42 |
% |
831,216 |
0.58 |
% |
| Éric Martel |
143,267,110 |
99.41 |
% |
857,173 |
0.59 |
% |
| Douglas R. Oberhelman |
140,521,208 |
97.50 |
% |
3,601,974 |
2.50 |
% |
| Melinda Rogers-Hixon |
142,838,591 |
99.11 |
% |
1,285,691 |
0.89 |
% |
| Eric Sprunk |
143,446,865 |
99.53 |
% |
677,418 |
0.47 |
% |
| Antony N. Tyler |
142,901,759 |
99.15 |
% |
1,222,523 |
0.85 |
% |
The entire roster of this year’s board has returned from last year’s board election.
Bombardier designs, builds, modifies and maintains a growing portfolio of business jets and defense aircraft. The company operates manufacturing facilities in Canada, Mexico and the United States, while supporting approximately 5,000 aircraft for its global customer base through 10 service facilities across six countries.
Bombardier’s shares have risen more than 9 per cent this week, on the back of strong news from the company, including Q1 2024 financial results highlighted by significant increases in service revenue, as well as order activity and its redemption of US$200 million outstanding 7.87 per cent senior notes.
Bombardier Inc. stock (TSX:BBD.A) opened trading at C$61.82 per share. The stock has given back 1.69 per cent year-over-year, but has risen 2,611.54 per cent over the past five years.
Join the discussion: Find out what everybody’s saying about this transportation stock on the Bombardier Inc. Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.