|Bid||16.00 x 0|
|Ask||16.10 x 0|
|Day's Range||15.55 - 16.13|
|52 Week Range||14.27 - 20.06|
|PE Ratio (TTM)||27.42|
|Earnings Date||May 4, 2017 - May 5, 2017|
|Forward Dividend & Yield||0.50 (3.02%)|
|1y Target Est||19.94|
Aecon Group Inc. (“Aecon” or the “Company”) (ARE.TO) today announced that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc. and CIBC Capital Markets pursuant to which the underwriters will purchase, on a bought deal basis, $160 million aggregate principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture (the “Debentures”). Aecon has also granted the underwriters an over-allotment option to purchase up to an additional $24 million aggregate principal amount of Debentures, exercisable in whole or in part for a period of 30 days following closing of the offering, to cover over-allotments, if any. The Debentures will mature on December 31, 2023 (the “Maturity Date”) and will accrue interest at the rate of 5.00% per annum payable on a semi-annual basis.
NEW YORK, NY / ACCESSWIRE / August 23, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
TORONTO , Aug. 15, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that it has received approval to rejoin Bridging North America, the team selected as the Preferred Proponent to design, build, finance, operate and maintain the Gordie Howe International Bridge through a public-private partnership. Aecon will rejoin its partners, ACS Infrastructure Canada Inc., Dragados Canada Inc. and Fluor Canada as a member of the Bridging North America consortium. "This is an important project for Canada and the United States ," said John M. Beck , President and Chief Executive Officer, Aecon Group Inc. "The Gordie Howe International Bridge project fits well into Aecon's existing portfolio of projects.
TORONTO , July 30, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that Mikisew Aecon Limited Partnership, a newly formed joint venture between Aecon (49%) and Mikisew Group of Companies (Mikisew Cree First Nation) (51%), has been awarded a Master Service Agreement (MSA) by Fort Hills Energy L.P. for work on the Fort Hills oil sands project located approximately 90 kilometres north of Fort McMurray, Alberta . The Fort Hills oil sands project is operated by Suncor.
Aecon reports second quarter 2018 results, including strong revenue, margin and profit growth, as well as record backlog of $6.4 billion
TORONTO , July 23, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that its Board of Directors has appointed Jean-Louis Servranckx (pronounced Servranx) as the Company's President and Chief Executive Officer, effective September 4 , 2018. Upon Mr. Servranckx' assumption of the CEO role, John M. Beck will assume his previous role as Executive Chair of the Board and Brian V. Tobin will resume the Lead Director role. With over 30 years of experience in the construction industry, across the infrastructure and industrial sectors, Jean-Louis Servranckx is a seasoned leader with expertise in large-scale and complex international projects.
NEW YORK, NY / ACCESSWIRE / July 23, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
Aecon awarded pipeline construction contract by Enbridge for Line 3 Replacement Phase 2 project in Manitoba
TORONTO , July 12, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that it has been awarded a $248 million contract by the City of Toronto for the F.G. Gardiner Expressway Rehabilitation Project: Section 1. The project is a segment of the City of Toronto's overall F.G. Gardiner Strategic Rehabilitation Plan, which will see the rehabilitation of the entire expressway. The scope of work for this project includes full superstructure replacement of the F.G. Gardiner Expressway between Cherry Street and Jarvis Street (approximately 1.1 km in length), rehabilitation of three ramps, as well as installation of new street lighting and a Road Emergency Services Communication Unit (RESCU) system.
LONDON, UK / ACCESSWIRE / July 2, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Engineering & Construction industry: WesternOne, SNC-Lavalin Group, Aecon Group, and WSP Global. Today's stocks of interest consist of: WesternOne Inc. (TSX: WEQ), SNC-Lavalin Group Inc. (TSX: SNC), Aecon Group Inc. (TSX: ARE), and WSP Global Inc. (TSX: WSP).
NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. In the past 10 years AeconRead More...
TORONTO , June 14, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that a joint venture between Aecon, SNC-Lavalin and AECOM has been awarded a $475 million contract by Bruce Power to execute the Unit 6 Fuel Channel and Feeder Replacement (FCFR) at the Bruce Nuclear Generating Station in Kincardine, Ontario . The joint venture will work together under the banner Shoreline Power Group. Aecon holds a 40 per cent share in the project.
LONDON, UK / ACCESSWIRE / June 4, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Engineering & Construction industry: WesternOne, SNC-Lavalin Group, Aecon Group, and WSP Global. Today's stocks of interest consist of: WesternOne Inc. (TSX: WEQ), SNC-Lavalin Group Inc. (TSX: SNC), Aecon Group Inc. (TSX: ARE), and WSP Global Inc. (TSX: WSP).
Looking to enhance your portfolio with high-growth, financially-robust stocks, but not sure where you should even begin? Stocks such as Crown Capital Partners and Aecon Group are deemed to beRead More...
Aecon Group Inc. plunged the most in 18 months after the Canadian government blocked a proposed C$1.2 billion ($930 million) takeover of the construction firm by a unit of China Communications Construction ...
Canada has blocked a proposed C$1.51 billion ($1.18 billion) takeover of construction company Aecon by a Chinese state builder on national security grounds, underscoring rising wariness of Chinese firms buying up assets in Western countries. Aecon's takeover by overseas investment and financing arm of China Communications Construction Co Ltd was scheduled to close in February.
May 24 - Canada's main stock index was trading flat on Thursday as gains for precious metal miners from a rise in gold prices were offset by losses in energy shares due to a drop in oil price. * At 9:59 ...