Bombardier Inc. T.BBD.A

New Press Release - Bombardier Announces April 3, 2024 as the Start of its New Normal Course Issuer Bid

MONTRÉAL, April 01, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that its new normal course issuer bid (the “New NCIB”) will commence on April 3, 2024, following the early termination of its current normal course issuer bid. The Toronto...read article.

[Shamhorish]

imo, even bbd management are sucking bbd blood while we all beleive that management has done well so far i think (IMO) that they are not any different, they eating bbd from inside 1- they all have FAT salaries in millions///but that is not enough 2 they get FAT bonus in millions...... but that is not enough 3- they use bbd money (that could be used to reduce debt first) to buy BBd.B shares

[Shamhorish]

every one is clapping hands for bbd new bid ?! clapping hands because bbd is spending 100 million dollare to reward management instead of paying debt. and they say it is a sign of confidence!  imo, we (long bbd) are taking for a big ride by market makers and also by bbd management who are already very very well paid with salaries in the millions and also they get bonuses and that is not

[clubhouse19]

And the baseless whining continues no matter what.  signs of market cluelessness continues for some posters

[Nordico]

The press release clearly states that while some shares are part of the employee compensation plan as usual, the rest are to be cancelled. This new NCIB is good for optics, as it shows BBD believes its shares are undervalued, and will make market participants think twice about dumping the stock by $5-10 again.

[BBDB859]

I noticed that they had the cancelation option first. You could be right. Compensation was the second or third option for the shares.