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Bombardier Inc. T.BBD.A

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

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its 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, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by gobomberon Sep 20, 2018 1:13pm
50 Views
Post# 28656884

RE:RE:RE:No difference in price of A and B shares

RE:RE:RE:No difference in price of A and B sharesGlass,

As I said in my first post, I bought A shares after I sold a bunch of B shares to avoid any problems with Revenu Canada regarding the 30 day rule. Now I am ready to buy back B shares but the volume of A shares is so low that I have to do it over a numbers of transactions.

As to your second point, I have serious doubt that the family will ever be selling their A shares. Bombardier almost went broke a few years back and the company realy needed financial support  from both the Quebec and Federal Government over a year ago and they refuse to let go of the dual share structure, Financially speaking Bombardier is now doing much better and share prices if s going up. I do not foresee the family selling any A shares in the foreseable future.

Still, you are right regarding buying A shares for tax purposes. I am just wondering when considering the limitations with buying and selling A shares if it does not far outweight the benefits of avoiding tax  issues with RCA
Bullboard Posts