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Stock impact report

Canadian National Railway Ups Capital Returns As Shares Lag Recent Years [Yahoo! Finance]

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
Company Research Source: Yahoo! Finance
Canadian National Railway announced a new share buyback program alongside a 3% increase to its dividend. The company also shared details on recently completed share repurchases and how they fit into its broader capital return plans. These updates arrive around the time of newly reported earnings for TSX:CNR and come after recent cost saving efforts and repositioning. For investors watching TSX:CNR, the combination of a new buyback and a higher dividend puts the focus squarely on capital returns. The share price recently closed at CA$130.99, with a 5 year return of 7.1% and a 3 year return showing a 12.9% decline. Over the past year, the stock is down 11.5%, which frames this capital allocation update in the context of a weaker recent share performance. Management's decision to commit more cash to buybacks and dividends can shape how you think about the risk and reward trade off from here. As the market digests these moves alongside newly reported earnings and recent cost savi Show less Read more
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