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. > $95 support

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Comment by Nordicoon Nov 11, 2024 1:01pm

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Post# 36306842

RE:RE:$95 support

Nice of the Street to continue letting Bomber get its buybacks in at a discount. Still around 1.6 million shares that may be bought back by April, per the current NCIB program. Bomber was buying in September up to $101, but then stopped for October. I expect they'll have started back up here at current price range.

Nordico wrote: Institutional buyer(s) stepping in big both times this touched sub-$98 this morning. Could be Bomber itself with buybacks.

flamingogold wrote: Shorts attempting to break the $95 support level. It's unwarranted, but markets often over shoot. Below $95 is overshooting to the low side especially with the seasonably strong Q4 now underway. My basket is full, but a great entry for fence sitters.