Added to YB: 2026-09-03
Pitch date: 2026-09-01
AC.TO [bullish]
Air Canada
-0.53%
current return
Author Info
No bio for this author
Company Info
Air Canada provides domestic, U.S. transborder, and international airline services. It provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.
Market Cap
CAD 7.6B
Pitch Price
CAD 28.20
Price Target
29.00 (+3%)
Dividend
N/A
EV/EBITDA
5.43
P/E
18.53
EV/Sales
0.57
Sector
Passenger Airlines
Category
special_situation
Air Canada's ~$2 Buyback Spread: Odd Lot Preference Without Currency Control
AC.TO: Air Canada’s issuer bid offers a targeted odd-lot trade: buy 99 shares near C$27 and tender all at the expected C$29 clearing price, capturing about C$198, or 7.4%, over roughly 37 days without proration. The trade works cleanly in a qualifying retirement account; Canadian deemed-dividend withholding can turn it into a loss in taxable U.S. accounts, while U.S. investors also assume CAD exposure and the offer can be withdrawn.
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