PriceSensitive

Bombardier invites shareholders to Investor Day 2024

Industrial, Market News
TSX:BBD.A
21 March 2024 10:04 (EDT)

(Source: Ultimate Jet.)

Bombardier (TSX:BBD.A) will host its Investor Day on May 1 at its aircraft assembly centre in Toronto.

The Canadian business jet manufacturer’s leadership, including Éric Martel, president and chief executive officer, along with Bart Demosky, executive vice president and chief financial officer, will be joined by members of the senior management team to provide an update on the company’s priorities and outlook. They will also give more insight into the company plans to create long-term value for its stakeholders through its pillars – such as Bombardier Defense, aftermarket expansion, and its distinct product portfolio.

Later that day, Bombardier will officially inaugurate of its aircraft assembly centre at Pearson Airport, marking the official transition from its Downsview facility.

A live webcast of the presentation will be available on Bombardier’s website starting at 9 am ET. 

The company plans to release more details for the in-person Investor Day 2024 attendance in the coming days. The number of in-person participants will be limited, and advance registration is required, because of space limitations.

Recent developments at Bombardier include the partial redemption of its senior notes for US$100 million, the debut of its latest aircraft, the Global 7500 and the new apprenticeship program with Wichita State University.

Based in Montreal, Bombardier designs, manufactures and services business jets. The company has a global fleet of approximately 5,000 aircraft in service across multinational corporations, charter and fractional ownership providers, governments and private individuals. Bombardier aircraft are also deployed in defence roles across the globe.

Bombardier stock opened at C$59.47 per share and is up 1.46 per cent since this time last year. It has risen 2,119.49 per cent since 2019.

Join the discussion: Find out what everybody’s saying about this stock on the Bombardier Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


Related News