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. > Encouraging!

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Post by Snoweyon Jan 02, 2024 1:25pm

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Post# 35807306

Encouraging!

Just looking this morning at yahoo finance, and I notice a small change that I find encouraging:
In early December Held by Institutions at 17.16% (mutual funds like Vanguard and ETFs, there are about 98 of these with holdings in BBD)
When I looked at it today, early January, it says:
Institutions at 17.76%
Small increase in one month but I find it encouraging. Going in the right direction. As BBD improve debt, margins etc. More Institutions will buy in which will increase share price and reduce the wild stock price volatility.

Such great potential. Fingers crossed.

GLTA

Snowey.

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