|Bid||16.16 x 0|
|Ask||16.17 x 0|
|Day's Range||16.12 - 16.26|
|52 Week Range||14.27 - 20.06|
|PE Ratio (TTM)||27.59|
|Earnings Date||May 4, 2017 - May 5, 2017|
|Forward Dividend & Yield||0.50 (3.02%)|
|1y Target Est||19.94|
TORONTO , Sept. 7, 2018 /CNW/ - Trading resumes in: Company: Aecon Group Inc. TSX Symbol: ARE (All Issues) Resumption (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of ...
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.
TORONTO , Sept. 6, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Aecon Group Inc. TSX Symbol: ARE Reason: Pending News Halt Time (ET): 3:12 PM IIROC can make a decision to impose ...
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 ...
Aecon Group Inc. says it has received approval to rejoin the group selected as the preferred proponent to build and operate the Gordie Howe International Bridge. Aecon's request to rejoin its partners as part of the Bridging North America team was approved following a review by the Windsor-Detroit Bridge Authority, the Crown corporation responsible for the project. The consortium, which also includes ACS Infrastructure Canada Inc., Dragados Canada Inc. and Fluor Canada, was selected as the preferred proponent for the project in July.
TORONTO, Aug. 15, 2018 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) 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. Aecon's request to participate in the public-private partnership was approved following thorough review by Windsor-Detroit Bridge Authority ("WDBA"), the Canadian Crown corporation responsible for the project.
Aecon Group Inc. (TSX:ARE) is just one of several intriguing investment options that investors largely pass on, and in doing so they miss out on promising growth and income investments.
TORONTO, July 30, 2018 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) 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 Group Inc. says it's recorded a record high work backlog of $6.4 billion at the end of its second quarter. The engineering firm says the backlog is $2 billion higher than at the end of the same quarter the previous year. It reported a $12.8 million operating profit or diluted earnings per share of 13 cents, up from $5.3 million or a penny per share during the previous year's quarter.
TORONTO , July 26, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the second quarter of 2018, reflecting the early stages of realizing the benefits of a growth in backlog to ...
TORONTO, July 23, 2018 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) 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 ...
Earnings season is in full swing. Suncor Energy Inc. (TSX:SU)(NYSE:SU) is one of three companies that can see its share price make big moves this week.
Aecon Group Inc. says its joint venture with Robert B. Somerville Co. Ltd. has won a $282-million contract for a work on Enbridge Inc.'s Line 3 replacement project in Manitoba. The replacement project is to restore Line 3's capacity to 760,000 barrels per day, thus adding 375,000 bpd of export capacity into the United States when it comes on stream in late 2019 or early 2020.
TORONTO , July 18, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that SA Energy Group, a 50/50 joint venture between Aecon and Robert B. Somerville Co. Ltd., has been awarded a $282 million ...
TORONTO, July 12, 2018 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) 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).
TORONTO , June 28, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2018 financial results on Thursday, July 26, 2018 after market close, and has scheduled ...
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 18, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced its second quarter dividend of $0.125 cents per common share. The dividend will be paid on July 3, 2018 to shareholders of record ...
TORONTO, June 14, 2018 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) 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.