Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRAF | BOMBF | BDRBF | T.BBD.B | T.BBD.P.B | T.BBD.P.C | T.BBD.P.D | BDRPF | BDRXF

Industrials Aerospace & Defense

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's robust customer support network services the Learjet, Challenger, and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.

TSX:BBD.A - Post by User

Bombardier Inc. > New Press Release - Bombardier Announces April 3, 2024 as the Start of its New Normal Course Issuer Bid

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Comment by Nordicoon Apr 01, 2024 1:47pm

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Post# 35963253

RE:RE:RE:New Press Release - Bombardier Announces April 3, 2024 as the Start of its New Normal Course Issuer Bid

The press release clearly states that while some shares are part of the employee compensation plan as usual, the rest are to be cancelled. This new NCIB is good for optics, as it shows BBD believes its shares are undervalued, and will make market participants think twice about dumping the stock by $5-10 again.

Shamhorish wrote: every one is clapping hands for bbd new bid ?!

clapping hands because bbd is spending 100 million dollare to reward management instead of paying debt.

and they say it is a sign of confidence!

imo, we (long bbd) are taking for a big ride by market makers and also by bbd management who are already very very well paid with salaries in the millions and also they get bonuses and that is not enoug

some of bbd management hasabout 600,000 bbd.b shares andstill they want more