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Bullboard - Stock Discussion Forum Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes... see more

TSX:ATRL - Post Discussion

Atkinsrealis Group Inc > New Press Release - AtkinsRéalis announces private offering of $400 million of unsecured debentures
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Comment by Gabriel on Mar 26, 2024 9:12pm
I have a question. SNC/ATRL sold 10.01% stake of the 407 for 2.25B and received the funds in August 2019 making it almost debt free then. I see that the net debt is again close to 2B today. Where did the money go ? 400 m per year, year over year for 5 consecutive years makes 2B. The money was not spent on dividends, was not spent on shares buyback, nor on investments in any shape or form since ...more  
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