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Stock impact report

CAE renews its normal course issuer bid

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Company Research Source: Marketwire
MONTREAL, QUEBEC -- (Marketwired) -- 02/09/18 -- (NYSE:CAE)(TSX:CAE) - CAE today announced that its Board of Directors has approved the renewal of its normal course issuer bid ("NCIB") to purchase, for cancellation, up to 5,349,804 of its common shares commencing on February 23, 2018 and ending on February 22, 2019. The maximum number of common shares that may be repurchased under the NCIB represents approximately two percent (2%) of the issued and outstanding common shares of CAE. As of February 7, 2018, CAE had 267,490,244 common shares issued and outstanding. Under CAE's current normal course issuer bid, which will expire on February 22, 2018, CAE's Board of Directors had approved the repurchase of a maximum of 5,366,756 of its common shares and 2,078,500 of its common shares were repurchased from February 23, 2017 to February 7, 2018 an aggregate of at a weighted average price of $21.50 per common share, for total consideration of $44,687,750. Purchases u Show less Read more
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