TSX:ACO.XIntegrated Utilities
Assessing ATCO (TSX:ACO.X) Valuation After New Share Buyback Plan Announcement
ATCO’s new share buyback plan
ATCO (TSX:ACO.X) has launched a normal course issuer bid to repurchase up to 1,996,301 Class I non voting shares. The program will be funded from cash and working capital, and all repurchased shares are set to be cancelled.
See our latest analysis for ATCO.
ATCO’s new buyback comes after a period of stronger momentum, with a 30 day share price return of 11.02% and a 90 day gain of 25.56%. The 1 year total shareholder return of 44.9% and 5 year total shareholder...