Stock BuybacksBy The Online Investor Staff, updated Tue., Feb. 18, 2:54 PM
|This Slide: #11 of 25|
Slide #11. CAE
Share Amount Authorized:
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 5,321,474 of its common shares commencing on February 25, 2020 and ending on February 24, 2021.
CAE designs, manufactures and supplies simulation equipment, provide training, and develops integrated training solutions for defence and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers and for healthcare education and service providers. Co.'s flight simulators replicate aircraft performance in normal and abnormal operations as well as a set of environmental conditions utilizing visual systems that contain a database of airports, other landing areas, flying environments, mission-specific environments, and motion and sound cues. Co. provides a range of flight training devices based on the same software used on its simulators.
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