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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 consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Comment by iknownothingaloton Mar 06, 2024 11:18am
106 Views
Post# 35918123

RE:RE:Share Repurchase

RE:RE:Share RepurchaseI assume the CFO vetted the idea of a share repurchase and the effects on cash flows going forward one year before presenting to the BOD. Are you saying they have no intention of buying back any shares and will therefore not use any cash. My argument was take the 75 million (1.5 million shares x $50 share price) and use that money instead to increase the dividend. My preference being a dividend versus diminishing the number of shares. If they have significant legal fees to contend with I again assume that was accounted for by the CFO. Have you sold your shareholdings because of this.
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