Shareholder FAQ
General information
No, however Bombardier Class B common shares trade on the OTCQX under the symbol BDRBF.
Bombardier common or preferred shares can be bought and/or sold through a stockbroker, bank or any other financial institution that provides brokerage services.
Bombardier does not sell its shares directly to investors.
Bombardier common and preferred shares are traded on the Toronto Stock Exchange (TSX). Ticker symbols and CUSIP numbers are as follows:
Ticker | CUSIP | |
---|---|---|
Common shares Class A | BBD.A | 097751879 |
Common shares Class B | BBD.B | 097751861 |
Preferred shares Series 2 | BBD.PR.B | 097751507 |
Preferred shares Series 3 | BBD.PR.D | 097751606 |
Preferred shares Series 4 | BBD.PR.C | 097751705 |
* In the United States, Bombardier Class B common shares also trade on the OTCQX under the symbol BDRBF.
Please refer to the Credit ratings & bonds page to view bonds issued by Bombardier.
Share prices (high, low and close) and volume of Bombardier shares traded are available with a 15-minute delay on the Shares & Dividends page of the Bombardier website.
Dividends on Bombardier shares are paid as and when declared by the Board of Directors. The Corporation dividend payment history is available on the Shares & Dividends page of the Bombardier website.
Please refer to the Shares & Dividends page.
No, Bombardier does not have a dividend reinvestment plan.
As a corporation listed on the Toronto Stock Exchange (TSX), Bombardier files disclosure documents required by provincial securities laws electronically through SEDAR. You can access these documents on the SEDAR website.
No. Bombardier is not listed on any US stock exchange and is therefore not required to file any disclosure documents with the SEC.
Yes. Since December 31, 2011, Bombardier's fiscal year runs from January 1 to December 31. Annual audited consolidated financial results are usually announced in mid February or early March. Quarterly unaudited consolidated financial results are usually disclosed in April / May (first quarter), July / August (second quarter) and October / November (third quarter).
Please see the Investor Events page to find the date of Bombardier's next earnings results announcement.
Prior to December 31, 2011 Bombardier's fiscal year ran from February 1 to January 31.
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Canada
Common shares
In case shares were purchased in January 1985 you would now have 5 shares and would have received payment equivalent to the dollar value of 0.12 shares, less applicable fees, following the stock consolidation.
Two-for-one splits occurred on the following dates:
- July 7, 2000
- July 10, 1998
- July 7, 1995
- January 31, 1992
- July 10, 1987
- October 24, 1986
- May 13, 1985
Twenty-five-for-one stock consolidation occurred on the following date:
- June 13, 2022
The difference is in the number of voting rights per share; please see the table below:
Voting rights | |
---|---|
Class A shares | 10 votes per share |
Class B shares | 1 vote per share |
Yes. As at March 7, 2022, Janine Bombardier, Claire Bombardier Beaudoin, Huguette Bombardier Fontaine and J.R. André Bombardier (collectively, the “Principal Shareholders”) beneficially owned or exercised control or direction over, directly or indirectly, 249,449,910 Class A shares (equivalent to 9,977,996 Class A shares as of June 13, 2022 following the share consolidation) and 30,211,319 Class B subordinate voting shares, (equivalent to 1,208,451 Class B shares as of June 13, 2022 following the share consolidation) representing in the aggregate 80.80% of the issued and outstanding Class A shares and 1.42% of the issued and outstanding Class B subordinate voting shares of the Corporation and 48.36% of all the voting rights attached to all of its issued and outstanding voting shares.
Please see the Shares & Dividends page for the latest update.
Preferred shares
All Bombardier preferred shares are perpetual, non-voting, cumulative and redeemable at the Corporation's option.
An unlimited number of preferred shares, without nominal or par value, are issuable in series, of which the following series have been authorized:
# authorized | Issued and outstanding | |
---|---|---|
Series 2 preferred shares | 12,000,000 | Please see the Shares & Dividends page for the latest update. |
Series 3 preferred shares | 12,000,000 | Please see the Shares & Dividends page for the latest update. |
Series 4 preferred shares | 9,400,000 | Please see the Shares & Dividends page for the latest update. |
Features of these preferred shares are listed below.
Series 2 preferred shares
Redemption features:
Series 2 preferred shares are redeemable at Bombardier's option at $25.00 CAN per share on August 1, 2002, or at $25.50 CAN per share thereafter.
Conversion features:
Series 2 preferred shares will be convertible on a one-for-one basis at the option of the holder on August 1, 2022 and are convertible on August 1 of every fifth year thereafter into Series 3 preferred shares. Fourteen days preceding a conversion date, if the number of Series 2 preferred shares outstanding is less than 1,000,000 shares, they will automatically be converted into an equal number of Series 3 preferred shares.
Dividends:
As of September 15, 2002, dividends are payable monthly, if declared, with the annual floating dividend rate on Series 2 preferred shares equal to 80 per cent of the Canadian prime rate for the first payment. The dividend rate will float in relation to changes in the prime rate and will be adjusted upwards or downwards on a monthly basis to a monthly maximum fluctuation of 4 per cent if the trading price of the Series 2 preferred shares is less than $24.90 CAN per share or more than $25.10 CAN per share. The annual dividend rate applicable in a month will always be between 50 per cent of prime and prime.
The dividend amount on the Series 2 preferred shares is obtained by multiplying the par value of the shares ($25.00 CAN) by the determined percentage rate (i.e. 80 per cent), multiplied by the prime rate on the specific month (i.e. 4.5 per cent), which results in a yearly dividend. This amount is then divided by 12 to get the monthly dividend.
For example, in September 2002, the prime rate was 4.5 per cent. Therefore, the dividend amount paid for this specific month was $0.075 CAN ($25.00 CAN multiplied by 80 per cent of 4.5 per cent, resulting in a yearly dividend of $0.90 CAN, which is then divided by 12).
In October 2002, the prime rate was 4.5 per cent. Because the share price was below $24.90 CAN, the percentage of prime paid increased by 4 per cent to 84 per cent and the dividend amount paid for this specific month was $0.07875 CAN ($25.00 CAN multiplied by 84 per cent of 4.5 per cent, which is then divided by 12).
For more information on Series 2 preferred shares, please see the prospectus.
Series 3 preferred shares
Redemption features:
Series 3 preferred shares are redeemable at Bombardier's option at $25.00 CAN per share on August 1, 2022, and on August 1 of every fifth year thereafter.
Conversion features:
Series 3 preferred shares will be convertible on a one-for-one basis at the option of the holder on August 1, 2022 and are convertible on August 1 of every fifth year thereafter into Series 2 preferred shares. If the Corporation determines that, fourteen days preceding a conversion date, there would be less than 1,000,000 outstanding Series 2 preferred shares, then no Series 3 preferred shares may be converted.
Dividends:
As of October 31, 2002, dividends are payable quarterly, if declared. As of August 1, 2017, the annual dividend rate on the Series 3 preferred shares is 3.983% or $0.99575 CAN per annum ($0.2489375 CAN per quarter) for a five-year period. Each five-year fixed dividend rate selected by the Corporation shall not be less than 80 per cent of the Government of Canada bond yield as specified in the Series 2 preferred shares prospectus.
For more information on Series 3 preferred shares, please see the prospectus.
Series 4 preferred shares
Redemption features:
Series 4 preferred shares are redeemable at the Corporation's option at $25.00 CAN per share.
Bombardier shall provide between 30- and 60-days notice of such redemption to each holder of the Series 4 preferred shares to be redeemed. If less than all outstanding Series 4 preferred shares are to be redeemed at any time, the Corporation will have sole discretion for determining the mode of selection for the shares to be redeemed.
Conversion features into Class B shares:
Since March 31, 2007, Bombardier may, on notice of between 30 and 60 days, and subject to stock exchange approvals, convert all or any of the Series 4 preferred shares into Class B shares.
The number of Class B shares into which each Series 4 preferred share may be so converted will be determined by dividing the then applicable redemption price per Series 4 preferred share, together with all accrued and unpaid dividends up to but excluding the date of conversion, by the greater of $2.00 CAN and 95 per cent of the weighted average trading price of the Class B shares on the TSX for the period of 20 consecutive trading days ending the fourth day prior to the date specified for the conversion or, if that fourth day is not a trading day, on the trading day immediately preceding the fourth day. If less than all of the outstanding Series 4 preferred shares are at any time to be converted, the shares to be converted will be selected by lot or in another equitable manner that the Corporation may determine.
Dividends:
As of April 30, 2002, dividends, if declared, are payable quarterly and in cash with an annual dividend rate of 6.25 per cent ($1.5625 CAN per year or $0.390625 CAN per quarter) on Series 4 preferred shares.
For more information on Series 4 preferred shares, please see the prospectus.
Shareholder accounts
Bombardier's transfer agent and registrar is Computershare Investor Services Inc.
You may own shares without having a paper certificate. When shares are purchased, they are electronically transferred to be held by custodians through the Canadian Depository for Securities (CDS). Nevertheless, certificates can be obtained in the name of the registered owner by making a request to Computershare Investor Services Inc., Bombardier's transfer agent and registrar. If your broker is the registered owner, he/she must make the request. Certificates can be obtained for all Bombardier shares except for Series 4 preferred shares (BBD.PR.C).
If you are a registered shareholder, you should contact Computershare Investor Services Inc.
If you are not a registered shareholder, you should contact your broker or financial institution.
If you are a registered shareholder, you should contact Computershare Investor Services Inc.
If you are not a registered shareholder, you should contact your broker or financial institution.
You should contact Computershare Investor Services Inc.
A representative from the Shareholder Service department will send you the necessary documentation to arrange for the issuance of a replacement certificate. You will also be required to pay an indemnity bond premium fee, which is equal to 2 per cent of the market value of the shares represented by your lost, stolen or destroyed certificate(s).
When not deposited directly into your bank account, dividends are paid by cheque – one per account. You can avoid postal delays and trips to financial institutions by having your dividends deposited directly into your bank account. You can also eliminate the inconvenience of duplicate mailings by consolidating your accounts. To access these services, you should contact Bombardier's transfer agent and registrar, Computershare Investor Services Inc.
You can access Bombardier financial reports on the Bombardier Investor Relations website in the Financial reports section. To receive a copy by mail, please complete our order form.
Results in US dollars
To simplify the analysis of Bombardier's result. The change to US dollar reporting has made Bombardier's financial statements more comparable with its key competitors, who are operating in a similar economic environment.
Also, with the sale of the Corporation’s recreational products segment, the remaining businesses have a reduced Canadian cost component.
The change took effect for the first quarter of fiscal year 2005 (Q1F05), ended April 30, 2004, which was reported in US dollars. As such, the annual report for the fiscal year ended January 31, 2005 (F05) was reported in US dollars (all comparative information was reported in US dollars).
The annual report for the fiscal year ended January 31, 2004 (F04), which represents the period prior to this change, was in Canadian dollars
Quarterly financial statements, excluding the notes, expressed in US dollars for fiscal years 2003 and 2004 are available in the Investor Relations section, under Financial results.
As Bombardier issued quarterly results for fiscal year 2006, the notes to the financial statements showed the information for the prior period in US dollars.
No.
The benefits of the change to reporting in US dollars stand on their own and are not linked to a US listing process.
No, this is an unrelated matter. As a corporation listed on a Canadian stock exchange, Bombardier prepares its financial statements in accordance with IFRS.
Certain non-monetary assets, mainly program inventories and program tooling in the aerospace segment, and long-term contract inventories in the transportation segment were translated at higher exchange rates than the ones prevailing when these assets were initially recognized on the consolidated balance sheets.
In the aerospace segment, opening program inventories and program tooling were approximately $35 million US and $65 million US higher than historical amounts.
In the transportation segment, the impact was not significant.
A one-time currency adjustment of approximately $100 million US resulting from this upward revaluation was reflected on the balance sheet as part of the "deferred translation adjustment" account presented in shareholders' equity.
The increase in these opening asset values were expensed as inventories were consumed and aerospace program tooling was depreciated.
The upward revaluation of inventories and program tooling resulted in lower EBT (i.e. earnings before taxes) in the aerospace segment of approximately $4 million US for the first quarter of fiscal year 2005 and $20 million US for fiscal year 2005.