Investor FAQ
Information on common shares
How can I buy and sell Transat shares?
Transat does not offer a direct stock purchase plan. Shares can be bought or sold through a broker or financial institutions that provide brokerage services.
Who is Transat's transfer agent for obtaining a share certificate or for notifying an address change?
Where is Transat stock traded?
Transat stock is traded on the Toronto Stock Exchange (TSX) under the ticker symbols TRZ.A and TRZ.B.
Where can I find information about the Transat stock quotes?
Current and historical share prices are available on our website (further information is available in the Share information section). This information is also available on the TSX site.
What is the difference between Class A and Class B shares?
Pursuant to the Canada Transportation Act, Air Transat A.T. Inc., a wholly owned subsidiary of Transat A.T. Inc., must at all times be in a position to establish that it is “Canadian” within the meaning of this act in order to hold the licences necessary to operate an air carrier service.
Because Transat A.T. Inc. wholly owns Air Transat A.T. Inc., we qualify as “Canadian.” Currently, we must ensure that no more than 25% of voting interests attaching to our shares are owned or controlled by non-Canadians.
Class A variable voting shares can only be owned or controlled by people who are not Canadian.
If the number of Class A variable voting shares issued and outstanding exceeds 25% of all shares issued and outstanding, or if the total number of votes cast by, or on behalf of, holders of Class A variable voting shares at any meeting exceeds 25%, the vote attached to each Class A variable voting share will decrease automatically without further act or formality.
Each Class A variable voting share issued and outstanding shall be automatically converted into one Class B voting share without any further intervention on the part of Transat A.T. Inc. or the holder, if i) the variable voting share is or becomes owned or controlled by a Canadian, or ii) the provisions contained in the Canada Transportation Act relating to foreign ownership restrictions are repealed and not replaced with other similar provisions.
Class B voting shares can be owned or controlled only by Canadians.
Each Class B voting share issued and outstanding shall be converted automatically into a Class A variable voting share without any further intervention on the part of Transat or the holder if such voting share is, or becomes, owned or controlled by a person other than a Canadian.
How many outstanding shares does Transat have?
As of October 31, 2011, there were a total of 38,021,720 common shares issued and outstanding – 933,731 Class A shares and 37,087,989 Class B shares.
What is the history of dividend payments?
Are the dividends paid by Transat eligible dividends?
Pursuant to the Income Tax Act of Canada, all dividends paid by Transat A.T. Inc. to Canadian residents in 2006 are designated as eligible dividends. In addition, dividends paid by Transat A.T. Inc. to Quebec residents in 2006 are designated as eligible dividends, excluding those paid out prior to March 24, 2006, which are not designated as eligible dividends for Quebec taxation purposes.
Unless otherwise indicated, all dividends paid by Transat A.T. Inc. to Canadian residents in 2007 and subsequent years will be designated as eligible dividends in accordance with the Income Tax Act of Canada and for Quebec taxation purposes.
What is the history of stock splitting at Transat?
Transat's common shares were split on the following date:
Date : December 27, 1996
Type : 3 for 1
General information
When is Transat's fiscal year-end?
Transat's financial year ends on October 31.
When do you publish your quarterly financial reports?
For 2011, the scheduled dates are:
Q1 - March 10, 2011
Q2 - June 9, 2011
Q3 - September 8, 2011
Q4 - December 15, 2011
Who are Transat's external auditors?
Ernst & Young
800 René-Lévesque Boulevard West
Suite 1900
Montreal, Quebec H3B 1X9
How do I contact Transat's Investor Relations department?
How can I obtain an investor package?
When is your annual shareholder meeting?
The next annual general and special meeting of shareholders will be held on March 15, 2012 at 10:00 am at the McGill New Residence Hall, Ballroom (Level C), 3625 Avenue du Parc, Montreal.