ARE.TO - Aecon Group Inc.

Toronto - Toronto Delayed Price. Currency in CAD
16.57
+0.38 (+2.35%)
At close: 4:00PM EDT
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Previous Close16.19
Open16.20
Bid16.52 x 0
Ask16.58 x 0
Day's Range16.06 - 16.59
52 Week Range14.27 - 20.06
Volume220,133
Avg. Volume418,120
Market Cap992.689M
Beta (3Y Monthly)0.70
PE Ratio (TTM)28.28
EPS (TTM)0.59
Earnings DateOct 26, 2018
Forward Dividend & Yield0.50 (3.06%)
Ex-Dividend Date2018-09-20
1y Target Est20.45
  • Reuters14 days ago

    Big is back: Canada's mega LNG project gets green light on Asia demand

    VANCOUVER/SINGAPORE (Reuters) - The approval on Tuesday of a massive liquefied natural gas export (LNG) terminal in Canada is being touted as the return of the mega-project, ending a lean period where low energy prices and oversupply concerns kept investors from taking big risks. The C$40 billion ($31 billion) LNG Canada project led by Royal Dutch Shell (RDSa.L) was given the go-ahead by the Anglo-Dutch giant and its partners, making it the fuel's first major new project to win approval in recent years. Construction will start immediately, with first shipments of the super-chilled fuel expected before 2025, aiming to feed surging demand from Asian buyers, primarily China.

  • Reuters14 days ago

    BRIEF-Canada commits C$275 million to LNG Canada infrastructure, environment projects

    Oct 2 (Reuters) - Canadian Prime Minister Justin Trudeau, speaking at a news conference about the LNG Canada project: * CANADA COMMITTING C$275 MILLION RELATED TO LNG CANADA INFRASTRUCTURE, MARINE PROTECTION, ...

  • CNW Group15 days ago

    Aecon awarded pipeline construction contract by TransCanada for Coastal GasLink Pipeline project in British Columbia

    Aecon awarded pipeline construction contract by TransCanada for Coastal GasLink Pipeline project in British Columbia

  • CNW Group16 days ago

    Aecon announces closing of the over-allotment option associated with its recently completed public offering of convertible debentures

    TORONTO , Oct. 1, 2018 /CNW/ - Aecon Group Inc. ("Aecon" or the "Company") (ARE.TO) today announced that it successfully closed the issuance of an additional $24 million aggregate principal amount of 5.0% convertible unsecured subordinated debentures due December 31, 2023 (the "Debentures") pursuant to the full exercise of the over-allotment option granted to the syndicate of underwriters led by TD Securities Inc. and CIBC Capital Markets in connection with the Company's recent public offering of $160 million aggregate principal amount of Debentures that closed on September 26, 2018 , bringing the total aggregate gross proceeds from the offering to $184 million . Aecon Group Inc. (ARE.TO) is a Canadian leader and partner-of-choice in construction and infrastructure development. Aecon provides integrated turnkey services to private and public-sector clients in the Infrastructure and Industrial sectors, and provides project management, financing and development services through its Concessions segment.

  • CNW Group18 days ago

    Aecon consortium reaches financial close on Gordie Howe International Bridge project

    TORONTO , Sept. 28, 2018 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that Bridging North America has reached financial close on the previously disclosed Gordie Howe International Bridge project. Bridging North America was previously selected as preferred proponent by Windsor-Detroit Bridge Authority (WDBA), the Canadian Crown corporation responsible for the project. The consortium is comprised of Aecon, ACS Infrastructure Canada Inc. and Fluor Canada Ltd. Bridging North America will design, build, finance, operate and maintain the Gordie Howe International Bridge through a Public-Private Partnership (P3).

  • CNW Group20 days ago

    Aecon schedules third quarter 2018 financial results and conference call

    Aecon schedules third quarter 2018 financial results and conference call

  • CNW Group21 days ago

    Aecon completes $160 million public offering of convertible debentures

    TORONTO , Sept. 26, 2018 /CNW/ - Aecon Group Inc. ("Aecon" or the "Company") (ARE.TO) today announced that it has completed its previously announced public offering of $160 million aggregate principal amount of 5.0% convertible unsecured subordinated debentures due December 31, 2023 (the "Debentures"). The Debentures will commence trading today on the Toronto Stock Exchange under the symbol "ARE.DB.C". The offering of Debentures was completed on a bought deal basis through a syndicate of underwriters co-led by TD Securities Inc. and CIBC Capital Markets.

  • ACCESSWIRE23 days ago

    Today's Research Reports on Magna International, Aecon Group, Canfor and Hyduke Energy Services

    NEW YORK, NY / ACCESSWIRE / September 24, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • CNW Grouplast month

    IIROC Trade Resumption - ARE

    IIROC Trade Resumption - ARE

  • GlobeNewswirelast month

    Aecon announces $160 million public offering of convertible debentures

    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.

  • CNW Grouplast month

    IIROC Trading Halt - ARE

    IIROC Trading Halt - ARE

  • ACCESSWIRE2 months ago

    Today's Research Reports on Bird Construction, Savaria, Magna International and Aecon Group

    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 ...

  • CNW Group2 months ago

    Aecon announces receipt of approval to rejoin team selected for Gordie Howe International Bridge project

    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.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ARE.TO earnings conference call or presentation 27-Jul-18 1:30pm GMT

    Q2 2018 Aecon Group Inc Earnings Call

  • CNW Group3 months ago

    Aecon announces partnership with Mikisew Group of Companies and Master Service Agreement for Fort Hills oil sands project

    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.

  • CNW Group3 months ago

    Aecon reports second quarter 2018 results, including strong revenue, margin and profit growth, as well as record backlog of $6.4 billion

    Aecon reports second quarter 2018 results, including strong revenue, margin and profit growth, as well as record backlog of $6.4 billion

  • CNW Group3 months ago

    Aecon Appoints Global Construction Leader Jean-Louis Servranckx as President and Chief Executive Officer

    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.

  • ACCESSWIRE3 months ago

    Today's Research Reports on Precision Drilling, Stella-Jones, Magna International and Aecon

    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 ...

  • CNW Group3 months ago

    Aecon awarded pipeline construction contract by Enbridge for Line 3 Replacement Phase 2 project in Manitoba

    Aecon awarded pipeline construction contract by Enbridge for Line 3 Replacement Phase 2 project in Manitoba

  • CNW Group3 months ago

    Aecon awarded contract for the F.G. Gardiner Expressway Rehabilitation Project: Section 1 in Toronto

    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.

  • ACCESSWIRE4 months ago

    Research Reports on WesternOne SNC Lavalin Group Aecon Group and WSP Global

    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).

  • CNW Group4 months ago

    Aecon schedules second quarter 2018 financial results and conference call

    Aecon schedules second quarter 2018 financial results and conference call

  • ACCESSWIRE4 months ago

    Today's Research Reports on Magna International, Aecon, Methanex and Canadian Pacific Railway

    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 ...

  • Should You Buy Aecon Group Inc (TSE:ARE) For Its Dividend?
    Simply Wall St.4 months ago

    Should You Buy Aecon Group Inc (TSE:ARE) For Its Dividend?

    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...

  • CNW Group4 months ago

    Aecon announces second quarter 2018 dividend

    Aecon announces second quarter 2018 dividend