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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates over 83 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.


TSX:ACQ - Post by User

Comment by OptsyEagleon Jun 28, 2022 9:06am
306 Views
Post# 34786905

RE:RE:Stock Buybacks...

RE:RE:Stock Buybacks...I was just about to post that I thought it was time for a big Dutch Offer to commence from AutoCanada.  I mean ACQ keeps looking for more dealer acquisitions but I cannot imagine many offer much better investment merits with less risk then just buying their own shares at these current prices.   I have no idea what is wrong with investors selling ACQ stock at below $40 but it has gone on long enough.  Not sure if $22 to $25 will get them their $100 million worth of stock but lets hope it is fully subscribed.

https://ca.finance.yahoo.com/news/autocanada-announces-intention-commence-substantial-114400763.html
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