JPMorgan Reiterates Overweight Rating on Alexandria Real Estate (ARE)
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Aecon Announces TSX Approval of Normal Course Issuer Bid
August 15, 2024 5:10 PM EDTTORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (Aecon) announced today receipt of regulatory approval from the Toronto Stock Exchange (the TSX) of its notice of intention to make a normal course issuer bid (the NCIB).
Under the NCIB, Aecon may purchase for cancellation, during the period commencing on August 19, 2024 and ending on the earlier of August 18, 2025 and the date on which Aecon reaches the maximum purchases permitted under the NCIB, up to 3,126,306 common shares of Aecon (Common Shares), representing 5% of the issued and outstanding Common Shares. Aecon had a... More
Aecon consortium reaches financial close for the stations contract on the Surrey Langley SkyTrain Project
August 15, 2024 4:19 PM EDTTORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (Aecon or the Company) announced today that South Fraser Station Partners, a consortium comprised of Aecon, ACCIONA and Pomerleau, in which Aecon holds a 33.3% interest, has reached financial close for the stations contract on the Surrey Langley SkyTrain Project. The contract is valued at $928 million and Aecons share of the contract was added to its Construction segment backlog in the second quarter of 2024.
The Surrey Langley SkyTrain will extend the existing Expo Line along Fraser Highway from... More
