The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. is focused on designing, manufacturing, and servicing business jets. Le conseil d’administration de Bombardier approuve une nouvelle offre publique de rachat dans le cours normal des activités Apr 27 2023īombardier Inc.Bombardier’s Board of Directors Approves New Normal Course Issuer Bid Apr 27 2023.Bombardier annonce l’élection des membres de son conseil d’administration Apr 27 2023.Bombardier Announces the Election of its Board of Directors Apr 27 2023.Bombardier est en tête des efforts de développement durable réalisés à l’échelle de l’industrie grâce aux déclarations environnementales de produit de ses avions Global 5500 et Global 6500 May 02 2023.Bombardier Leads Industry-Wide Sustainability Efforts with Landmark Environmental Product Declarations for Global 5500 and Global 6500 Aircraft May 02 2023.Bombardier Receives New Credit Rating Upgrade, S&P Global Ratings Upgrades the Company from B- to B May 02 2023.Bombardier reçoit une nouvelle hausse de note de crédit, S&P Global Ratings faisant passer la note de crédit de l’entreprise de B- à B May 02 2023.Bombardier Launches Iridium Certus Connectivity Service as Baseline Feature on Challenger 3500 Aircraft May 05 2023.Bombardier lance le service de connectivité Iridium Certus comme équipement de base de l’avion Challenger 3500 May 05 2023.They do not change the underlying fundamentals of an organization. Reverse stock splits are an artificial way for companies to raise the value of their share price. Since last September, Bombardier’s Class B shares have lost nearly one-third of their value on the Toronto Stock Exchange (TSX) and now trade at $1.50 per share, putting them in penny stock territory. It has almost 2.1 billion Class B shares and 308.7 million Class A multiple-voting shares, according to its website. The company said that the precise share ratio consolidation would be determined at a later date, and at the discretion of its board of directors.Īs of the close of trading last Friday (March 25), Bombardier had a market capitalization of $3.6 billion. In a news release, Bombardier said a share consolidation would allow it to cut down its number of common shares to a level that's on par with other companies that have a similar market capitalization. The measure requires a shareholder vote at Bombardier's annual meeting on May 5. ![]() ![]() ![]() ![]() The Montreal-based business-jet maker is seeking shareholder approval to change its articles of incorporation so that it can consolidate the company's Class A and B shares at a ratio between 10-for-1 and 30-for-1. Bombardier (BBD.B) is planning a reverse stock split.
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