TRZ.TO - Transat A.T. Inc.

Toronto - Toronto Delayed Price. Currency in CAD
14.01
+0.52 (+3.85%)
At close: 3:52PM EDT
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Previous Close13.49
Open13.53
Bid14.01 x 0
Ask14.02 x 0
Day's Range13.53 - 14.08
52 Week Range4.50 - 14.08
Volume550,507
Avg. Volume282,714
Market Cap528.697M
Beta (3Y Monthly)1.10
PE Ratio (TTM)N/A
EPS (TTM)-1.29
Earnings DateJun 7, 2017 - Jun 12, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-12-29
1y Target Est11.79
  • CNW Group6 hours ago

    Mach Waives Financing Condition for its Acquisition of Transat

    MONTREAL , June 25, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach") is pleased to announce its non-binding agreement with the Government of Quebec in connection with Mach's formal proposal to acquire all issued and outstanding voting shares (the "Shares") of Transat A.T. Inc. (TRZ.TO) ("Transat" or the "Company") at a price of $14.00 cash per Share to the attention of the Board of Directors of Transat as announced in Mach's press release of June 14, 2019 (the "Proposal"). As such, Mach has deposited today an amended version of its Proposal with the Board of Directors of Transat by, in particular, removing conditions related to financing from the Government of Quebec and the execution of support and voting agreements with the Fonds de solidarité FTQ and the Caisse de dépôt et placement du Québec (the "Amended Proposal").

  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of TRZ.TO earnings conference call or presentation 13-Jun-19 2:00pm GMT

    Q2 2019 Transat AT Inc Earnings Call

  • CNW Group7 days ago

    MACH specifies structure of its formal proposal to Transat

    MACH specifies structure of its formal proposal to Transat

  • Skytrax 2019 World Airline Awards - Air Transat named World's Best Leisure Airline for the second year running
    CNW Group7 days ago

    Skytrax 2019 World Airline Awards - Air Transat named World's Best Leisure Airline for the second year running

    MONTREAL , June 18, 2019 /CNW Telbec/ - For the second year in a row, Air Transat has taken the title of World's Best Leisure Airline at the Skytrax World Airline Awards presentation ceremony, held today at the 53rd International Paris Air Show Le Bourget in France .

  • CNW Group11 days ago

    Transat A.T. Inc. Acknowledges Receipt of Group Mach Inc.'s Conditional Proposal Letter

    MONTRÉAL, June 14, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") confirms that it has received from Group Mach Inc. a non-binding and conditional proposal letter regarding its expressed interest to privatize Transat. Transat would like to reiterate that it has entered into an agreement with Air Canada, pursuant to which it has agreed to a 30-day binding period of exclusive negotiations to conclude a definitive agreement, as previously announced. For the remainder of this exclusivity period, it is contemplated that Air Canada will complete its due diligence review in order for the parties to finalize a definitive agreement regarding the acquisition of all of the shares of Transat.

  • CNW Group11 days ago

    Mach deposits formal proposal to Transat

    Mach deposits formal proposal to Transat

  • CNW Group12 days ago

    Transat A.T. Inc. - Results for second quarter of 2019

    The Corporation took delivery of its first A321neoLR aircraft. MONTRÉAL, June 13, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat" or the "Corporation"), one of the largest integrated tourism companies in the world and Canada's holiday travel leader, announces its results for the second quarter ended April 30, 2019. "The second quarter is similar to the first in terms of results.

  • CNW Group12 days ago

    /R E P E A T -- Media advisory - Transat A.T. Inc. - Second Quarter Results 2019/

    /R E P E A T -- Media advisory - Transat A.T. Inc. - Second Quarter Results 2019/

  • CNW Group18 days ago

    Transat meets all your needs for an escape this winter

    MONTREAL , June 7, 2019 /CNW Telbec/ - Transat, Canada's leisure travel specialist, is pleased to present its selection of over 30 Sun destinations for winter 2019–2020. Whether it's for travel to Mexico , South America , Central America , the Caribbean , Florida , Louisiana , Spain or Portugal , the tour operator has a host of all-inclusive vacation packages, turnkey cruise packages and house, apartment-hotel and condominium rentals to meet vacationers' various needs, regardless of their budget. "Our expertise as a leisure travel specialist means we can offer travellers an unparalleled selection of packages in over 700 resorts," says Annick Guérard, Chief Operating Officer, Transat.

  • /C O R R E C T I O N from Source -- Group Mach Inc./
    CNW Group18 days ago

    /C O R R E C T I O N from Source -- Group Mach Inc./

    In the news release, Mach proposes privatization of Transat AT Inc. at $14 cash per share, issued 04-Jun-2019 by Group Mach Inc. over CNW, we are advised by the company that the press release incorrectly referred to Laurence Tosi , Managing Partner of WestCap, becoming a member of the Board of Directors of Transat AT Inc. Neither Laurence Tosi nor WestCap is affiliated with the proposed transaction. MONTREAL , June 4, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach"), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the "Shares") of Transat AT Inc. (TRZ.TO) ("Transat" or the "Company"),  at a price of $14.00 cash per Share (the "Offer Price") based on a deal value exceeding $1B , including substantial off balance sheet debt which we estimate between $1.1B and $1.2B (the "Offer" or the "Transaction").

  • CNW Group19 days ago

    Air Transat announces the new features of its winter 2019-2020 flight program

    MONTREAL , June 6, 2019 /CNW Telbec/ - Air Transat today announced the new features of its flight program for winter 2019–2020, effective November 1 , and is continuing to develop its service to the Caribbean , Mexico , Central and South America , Florida and Louisiana , offering over 30 Sun destinations as well as several European regions. "Bringing our Airbus A321neoLRs into our fleet in winter 2019–2020 will give us greater flexibility, which will help us reinforce our leadership in Quebec , strengthen our presence in Ontario and return in force in the Canadian West," says Annick Guérard, Chief Operating Officer, Transat. "We will therefore be adding new destinations out of Vancouver , including Fort Lauderdale, Florida , as well as Punta Cana, Dominican Republic , and Costa Rica ," she adds.

  • CNW Group19 days ago

    Media advisory - Transat A.T. Inc. - Second Quarter Results 2019

    Media advisory - Transat A.T. Inc. - Second Quarter Results 2019

  • CNW Group20 days ago

    IIROC Trade Resumption - TRZ

    IIROC Trade Resumption - TRZ

  • Bloomberg21 days ago

    Air Canada Transat Bid Takes Twist With Higher Mach Offer

    Mach is offering C$14 a share in cash for Montreal-based Transat, C$1 per share more than the Air Canada bid. The unsolicited proposal is worth more than C$1 billion, including off balance sheet debt, Mach said in a statement Tuesday. Air Canada, the country’s biggest carrier, rose 0.6 percent Tuesday.

  • CNW Group21 days ago

    Transat A.T. Inc. Acknowledges Group Mach Inc.'s Press Release

    MONTRÉAL , June 4, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") confirms that it has taken note of the press release issued earlier today by Group Mach Inc. regarding its expressed interest to privatize Transat. Transat would like to reiterate that it has entered into an agreement with Air Canada, pursuant to which it has agreed to a 30-day binding period of exclusive negotiations, beginning upon the commencement of a formal due diligence review. During this exclusivity period it is contemplated that Air Canada will complete its due diligence review and the parties will finalize the negotiation of a definitive agreement regarding the acquisition of all of the shares of Transat.

  • CNW Group21 days ago

    IIROC Trading Halt - TRZ

    IIROC Trading Halt - TRZ

  • Mach proposes privatization of Transat AT Inc. at $14 cash per share
    CNW Group21 days ago

    Mach proposes privatization of Transat AT Inc. at $14 cash per share

    MONTREAL , June 4, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach"), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the "Shares") of Transat AT Inc. (TRZ.TO) ("Transat" or the "Company"),  at a price of $14.00 cash per Share (the "Offer Price") based on a deal value exceeding $1B , including substantial off balance sheet debt which we estimate between $1.1B and $1.2B (the "Offer" or the "Transaction"). The Offer is a culmination of a long process undertaken by Mach since last January 2019 when it approached the Company regarding a potential negotiated transaction including its initial letter of intent addressed to the Board of Directors of Transat on February 7, 2019 and various amendments thereto and other exchanges with the Company up to its announcement of last April 30, 2019 .

  • CNW Group29 days ago

    Transat offers tips for family travel to Greece this summer

    MONTREAL , May 27, 2019 /CNW Telbec/ - Whitewashed villages, temples with Doric columns, blue-green seas and stands of cypress trees: That's just a glimpse of what awaits travellers heading to Greece and its islands this summer. Transat encourages Canadian families looking for adventure, leisure and history to take advantage of its various travel options for discovering Greece  and shares tips for a successful summer holiday in this mythical land. In her Experience Transat blog titled Découvrir la Grèce en famille, Nathalie Richard proposes a couple of ways for parents to get their children into the right spirit before a trip to Greece .

  • CNW Grouplast month

    Five good reasons to choose an all-inclusive package for your summer vacation with Transat

    MONTREAL , May 22, 2019 /CNW Telbec/ - Transat knows how important holidays are. Leaving from Toronto , additional flights have been added to Cuba , Cayo Coco (three flights a week total) and Holguin (two flights a week total), the Dominican Republic (six flights a week total to Punta Cana ) and Florida (two flights a week total to Fort Lauderdale ).

  • Reuterslast month

    Air Canada bids for tour operator Transat, regulatory hurdles seen

    Air Canada's bid to buy Canadian tour operator Transat AT would boost its leisure travel business at a time when the carrier faces a potential turnaround in rival WestJet Airlines, but the deal could attract regulatory scrutiny. Canada's largest airline said on Thursday it is in exclusive talks to buy the parent company of leisure carrier Air Transat in an all-cash deal valued at C$520 million ($387.5 million), marking the second aviation deal in Canada this week. Air Canada shares were up 1.7%.

  • CNW Grouplast month

    Transat AT Inc. announces execution of exclusivity agreement with Air Canada for the acquisition of Transat AT Inc.

    MONTREAL , May 16, 2019 /CNW Telbec/ - Transat AT Inc. ("Transat") announces that it has agreed to a 30-day period of exclusive negotiations with Air Canada pursuant to a letter of intent contemplating a transaction by which Air Canada would acquire all of the shares of Transat at a price of $13 .00 per share. During such exclusivity period, it is contemplated that Air Canada will complete its due diligence review and the parties will finalize the negotiation of a definitive agreement regarding this transaction, the material terms of which are announced today.

  • CNW Group2 months ago

    Air Transat introduces non-stop flights between Montreal and New Orleans (Louisiana)

    MONTREAL , May 9, 2019 /CNW Telbec/ - Air Transat, named the 2018 World's Best Leisure Airline, is pleased to announce that it will add New Orleans, Louisiana , to its portfolio of fall and winter destinations. Beginning in November 2019 , the airline will offer two direct flights a week from Montreal , giving travellers a chance to experience the festive atmosphere of jazz clubs or a contemplative stroll along the Bayou. "With the steady demand for New Orleans , Air Transat is pleased to be the only airline to offer non-stop service from Montreal to this unique vacation destination, and to be enhancing its offering for next winter with this distinctive option," says Annick Guérard, Chief Operating Officer, Transat.