Share buy back news?
Before the news of AC contract pull out post June 29 2020 AIMIA was planning to do a share buy back. They had until May 25th? to repurchase upto 10% of the float.... I'd be very surprised if they didn't take advantage of the depressed sp and buyback some shares. Advantageous overall and prudent. So a few things as far as good NR 1. Share buy back 2. New partners 3. Q2 results showing no run on Aeroplan redemption (August) 4. Possible revised deal with AC post 2020.. 5. Payment of dividend and resumption of preferred dividend payouts with reduced or eliminated common share dividend going forward. -Uber