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.

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Bombardier Inc. > After R/S. Dilution

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Comment by clubhouse19on May 07, 2022 8:54pm

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Post# 34664955

RE:RE:RE:RE:RE:RE:RE:After R/S. Dilution

Sham

I seem to have read that they will round off to the nearest full share depending on the math after the reverse split . They mentioned renewing NCIB so it is not new

Shamhorish wrote: I MAY BE WRONG BUT

I think bbd is not looking to buy back share

they are taking about buying back in case of fractional share that result from RS

i think what they mean buy this is regading of fractional share

example if an investor has 100102 shares,

then after the revers split he will have 100,102 / 25 = 4004.08

they are talking about this .08 of a share

so bbd will buy all the fractional shares (0.1, ---0.9) and pay back to investores according the size of fraction they owned