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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

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

Post by Nordicoon Feb 27, 2024 1:53pm
426 Views
Post# 35901920

Another great day as a BBD shareholder

Another great day as a BBD shareholderBut god forbid the company use a small portion of its over half-billion annual profit to buy and cancel some of its shares being shorted/traded on the open market for absolute joke prices. Hell, even a company like Givex does substantial buybacks for cancellation, to the intended future benefit of shareholders:

Givex normal course issuer bid announcement

"Outside of these pre-determined blackout periods, Shares will be purchased at the discretion of senior management of the Company. 

The Company believes that the Shares may from time-to-time trade in a price range that does not adequately reflect the value of the Shares in relation to the Company's activities and future prospects. As a result, the Company believes that the purchase of Shares, from to time, would be an appropriate use of corporate funds in light of potential benefits to remaining shareholders."



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