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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Comment by Puma1backon May 05, 2022 7:56am
182 Views
Post# 34657845

RE:Share buyback

RE:Share buyback

i don't know how you would expect it to be flat in April when communications & tech were the worst performers - both down strong double digits.

dont disagree that it is not fun to have broken new lows, but in the overwhelming negative sentiment that took hold that last bit of the month it seemed like the technicals wanted to create a new low. I thought they were going to push it below $4 - still might ? 

we will see if yesterday's jump was a sucker rally or the sign of rhe new bottom. 

 



wizthewiz wrote: Any insights into how CJR's share buyback program causes the SP to decrease by ~25%? I certainly was not looking for a stellar SP upside move, but to at least remain flat....

 

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