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jeudi 19 mai 2016

Air Canada Normal course issuer bid

Very interesting as Air Canada has renewed their right to repurchase company shares until 2017 for close to 3M of those shares (10% of the total float)

The impact on share price combined with actual results makes me think there is a very good upside for their share price.

So after selling most of those around 9,75 and buying back many at 9,30 and around, i will be accelerating the purchase of those shares as long as the price is under 9,60$

Have fun

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