Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's... see more

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TSX:AC - Post Discussion

Air Canada > AC Shareholder

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Post by Pesyk1 on Oct 16, 2024 11:16pm

AC Shareholder

Here we go , a lot more institutional buying going on today . With all other airlines in the US doing very well , it's only a matter of time before AC catches up . I predict that AC will announce a share buyback or possibly a dividend , in the next round of quarterly reports . Next quarterly is a few Mondays away before the bell . My reasoning for AC to announce a buyback ( which is more likely) is because I can't remember when AC has done anything for the share owner in the last decade . My view is that AC at current levels is still utterly cheap , compared to where it should be . Folks , there is a gap in the chart that needs to be filled in and around the $20 range . With all things going well so far for AC , this gap is looking to be filled around the next 2 weeks , possibly sooner .

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