Air Canada Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:ADH2 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
31 Oct 24	Buy€2,968	Cale Daniels	Individual	239	€12.42
09 Aug 24	Buy€19,883	Christophe Hennebelle	Individual	1,900	€10.46
11 Jun 24	Buy€16,517	Gilda Romanelli	Individual	1,400	€11.80
15 Mar 24	Buy€42,018	Craig Landry	Individual	3,422	€12.28
15 Mar 24	Buy€12,352	Chris Isford	Individual	1,006	€12.28
15 Mar 24	Buy€62,880	Arielle Meloul-Wechsler	Individual	5,121	€12.28
15 Mar 24	Buy€18,492	Mark Nasr	Individual	1,506	€12.28
15 Mar 24	Buy€9,135	Lisa Pierce	Individual	744	€12.28
15 Mar 24	Buy€5,194	Robert Palmer	Individual	423	€12.28
15 Mar 24	Buy€6,925	Cale Daniels	Individual	564	€12.28
15 Mar 24	Buy€4,973	Joshua VanderVeen	Individual	405	€12.28
29 Feb 24	Buy€29,871	Mark Nasr	Individual	2,406	€12.42
29 Feb 24	Buy€5,587	Robert Palmer	Individual	450	€12.42
29 Feb 24	Buy€4,308	Cale Daniels	Individual	347	€12.42
29 Feb 24	Buy€14,749	Lisa Pierce	Individual	1,188	€12.42
29 Feb 24	Buy€8,033	Joshua VanderVeen	Individual	647	€12.42

Insider Trading Volume

Insider Buying: ADH2 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ADH2?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	727,303	0.203%
Institutions	49,057,184	13.7%
General Public	308,708,519	86.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 11.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
1.98%	The Vanguard Group, Inc.	7,081,241	€103.7m	0.26%	no data
1.29%	RBC Global Asset Management Inc.	4,607,500	€67.5m	0%	0.04%
0.99%	BlackRock, Inc.	3,535,432	€51.8m	4.37%	no data
0.77%	BMO Asset Management Corp.	2,759,379	€40.4m	1.71%	0.02%
0.74%	Dimensional Fund Advisors LP	2,662,713	€39.0m	-0.38%	0.01%
0.63%	Lazard Asset Management LLC	2,262,070	€33.1m	0%	0.03%
0.61%	U.S. Global Investors, Inc.	2,204,582	€32.3m	-17.7%	2.07%
0.58%	Norges Bank Investment Management	2,067,686	€30.3m	0%	no data
0.52%	IA Global Asset Management Inc.	1,880,300	€27.5m	-3.92%	0.42%
0.41%	TD Asset Management, Inc.	1,458,910	€21.4m	0%	0.02%
0.4%	Caisse de dépôt et placement du Québec	1,426,900	€20.9m	0%	0.02%
0.36%	Jupiter Fund Management Plc	1,293,251	€18.9m	0%	0.06%
0.33%	Industrielle Alliance, Gestion de placements inc.	1,183,140	€17.3m	-10.7%	0.27%
0.26%	Morgan Meighen & Associates Limited	920,000	€13.5m	0%	1.03%
0.22%	Geode Capital Management, LLC	783,456	€11.5m	0.74%	no data
0.18%	JP Morgan Asset Management	634,983	€9.3m	0.78%	no data
0.17%	Desjardins Global Asset Management Inc.	600,851	€8.8m	0%	0.09%
0.16%	AQR Capital Management, LLC	562,579	€8.2m	-31.9%	0.01%
0.16%	QV Investors Inc.	559,228	€8.2m	-2.01%	0.41%
0.15%	Andra AP-fonden	551,800	€8.1m	0%	0.05%
0.15%	Charles Schwab Investment Management, Inc.	527,655	€7.7m	1.14%	no data
0.14%	Fiera Capital Corporation	485,300	€7.1m	0%	0.02%
0.13%	Montrusco Bolton Investments Inc.	474,701	€7.0m	0%	0.06%
0.13%	Franklin Resources, Inc.	456,691	€6.7m	0.29%	no data
0.12%	KBC Asset Management NV	442,055	€6.5m	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 08:27
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Air Canada is covered by 40 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christopher Murray	ATB Capital Markets
Ahmad Shaath	Beacon Securities Limited
Fadi Chamoun	BMO Capital Markets Equity Research