Bullboard - Stock Discussion Forum 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... see more

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Bombardier Inc. > Can bombardier buyback

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Post by stockitnow on Jun 24, 2021 9:50am

Can bombardier buyback

Someone had mentioned that bombardier cant buy back its shares for cancelation just yet...if true can bombardier continue buying their shares under the pretext for employee incentives? Later on they can sell it back or cash them out. It seems bombardier buying its shares has a positive impact on sp. For now the 62 million that bombardier is buying is good until next year June. It so happens that within this year bombardier should be cash positive and this buy back has brought sp stability/increase. This method of buyback is good way to keep all detractors from manipulating the sp.

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