Canada government sells its Air Canada stake, Globe and Mail reports
Tweet
Share
E-mail
FILE PHOTO: An Air Canada plane takes off following a snow storm at Vancouver International Airport in Richmond, British Columbia, Canada December 22, 2022. REUTERS/Jennifer Gauthier/File Photo
OTTAWA (Reuters) - The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source.
The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada shares for about C$23.18 apiece in April 2021.
(Reporting by Ismail Shakil in Ottawa)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- South Korea summons Ukraine envoy in protest over North Korean POW transfer
- EU imposes sanctions over deportation of Ukrainian children to Russia
- Bank of England's Ramsden happy with market reaction to multi-year bond sale plans
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
