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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Comment by Gabrielon Dec 09, 2024 1:13pm
117 Views
Post# 36353037

RE:RE:Benefit of inclusion in the TMX per ChatGPT

RE:RE:Benefit of inclusion in the TMX per ChatGPT

Aecon Group Inc. is set to be added to the S&P/TSX Composite Index as part of the quarterly rebalancing of the index, which takes effect after the market closes on Friday December 20, so presumably we will reverse at least part of the price drop with the buying that will result from the addition to the Index, the likely unwinding of the swing trades and hopefully the increase of the dividends to 20 cents.

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