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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

Industrials Aerospace & Defense
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

Bombardier Inc. > Wow good thing
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Comment by flamingogoldon Mar 30, 2022 6:26pm
192 Views
Post# 34560855

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow good thing

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow good thing Easy to criticize but it was a catch-22 scenario.

At 26¢ (Fall 2020) the train division sale was not finalized yet. They were bleeding cash so there was no way they could announce a share buyback. It wasn't until January 29, 2021 when the Alstrom sale was closed and the funds began rolling into BBD's account. But by then, the stock was already trading for +60¢.

Still cheap... but... the first priority was to pay off looming debt obligations which was done and the market responded positively rocketing the share price even higher which we all longs celebrated. However, this also removed the chance of a dirt cheap share buyback opportunity. Catch-22.

MartinStock wrote:
Share buybacks  ... tu la dis. a 0.26 c'etait pas cher


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