CN sets share repurchase
Canadian National Railway Co. announced that it plans to repurchase common shares under a specific share repurchase program.
Canadian National Railway Co. announced that it plans to repurchase common shares under a specific share repurchase program.
The Alberta Chamber of Commerce has presented CN the Alberta Business Award of Distinction in the Indigenous Relations–Best Practices category.
CN’s planned C$2.5 billion (US$1.9 billion) 2017 capital program is “focused on hardening core infrastructure,” the railroad said on Feb. 9.
CN’s fourth-quarter and full-year 2016 financial and operating results “demonstrated once again our ability to perform well in a mixed economic environment, despite facing difficult winter conditions in December,” President and CEO Luc Jobin said on Jan. 24.
CN announced that it will repurchase common shares under a specific share repurchase program. The purchase will form part of the Normal Course Issuer Bid for up to 33 million shares announced on Oct. 25, 2016.
CN announced that the 12th edition of the CN Canadiens Alumni Challenge raised C$360,000 at a friendly hockey game.
The phase-out of coal for electricity generation announced by Canada’s greenish Liberal government Nov. 21 will have no impact on the country’s Class I railways. That’s because nearly all of CN and Canadian Pacific steam coal haulage originates and terminates within the U.S.
CN announced Nov. 18 that it has received the 2016 Best Overall Corporate Governance award for publicly listed companies from the Governance Professionals of Canada (GPC).
CN announced on Nov. 16 a $150,000 sponsorship of Level’s Indigenous youth outreach program, “Dare to Dream.”
CN announced Oct. 28 that it has been awarded a position on the Climate A List by CDP (Carbon Disclosure Project), the international not-for-profit that drives sustainable economies.