Third quarter 2023 conference call:
An audio replay will be available until September 20, 2023, by dialling 1 888-390-0541, access code 569905#. The
webcast will remain available until December 13.
\r\n-->\r\n\r\n","contentAfter":"","title":"Share Information","titleSize":"h2","tileBackgroundClass":"whiteStyle","colorClass":"greyTheme","resourceStrings":{},"tiles":[{"id":567,"title":"Number of Outstanding Shares","titleSize":"span","uniqueName":"Number of Outstanding Shares","url":"/corporate/investors/Share_Config/Number-of-Outstanding-Shares?extract=zoneContent","thumbnailPath":"","thumbnailAltText":"","open":false,"content":"
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As at July 31, 2023, there were a total of 2,842,328 Class A variable voting shares and 35,554,102 Class B voting shares.
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CLASS A VARIABLE VOTING SHARES
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An unlimited number of participating Class A Variable Voting Shares [“Class A Shares”], which may be owned or controlled only by non-Canadians as defined by the Canada Transportation Act [“CTA”], entitle their holders to one vote per share at any meeting of the shareholders, subject to an automatic decrease of the votes attached to such shares in the event that (i) any single non-Canadian, either individually or in affiliation with any other person, holds more than 25% of the votes cast, (ii) any single non-Canadian authorized to provide air service in any jurisdiction (in the aggregate) holds more than 25% of the votes cast, or (iii) the votes that would be cast by the holders of Class A Shares exceed 49%. If any of the above-mentioned applicable limitations are exceeded, the votes that should be attributed to holders of Class A Shares will be attributed as follows:
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\r\n\t- first, if applicable, there will be a decrease of the votes of any single non-Canadian (including a single non-Canadian authorized to provide air service) carrying, in the aggregate, more than 25% of the votes, so that any such non-Canadian holder never carries more than 25% (or any different percentage that may be prescribed by a law or regulation of Canada and approved or adopted by the directors of the Corporation) of the total number of votes cast at any meeting;
\r\n\t- next, if applicable, and after giving effect to the proration mentioned above, there will be a further proportionate decrease of the votes of all non-Canadian holders of Class A Shares authorized to provide an air service, so that any such non-Canadian holders never carry, in the aggregate, more than 25% (or any different percentage that may be prescribed by a law or regulation of Canada and approved or adopted by the directors of the Corporation) of the total number of votes cast, regardless of class, at any meeting;
\r\n\t- last, if applicable, and after giving effect to the two prorations mentioned above, there will be a proportionate decrease of the votes of all holders of Class A Shares, so that all non-Canadian holders of Class A Shares never carry, in the aggregate, more than 49% (or any different percentage that may be prescribed by a law or regulation of Canada and approved or adopted by the directors of the Corporation) of the total number of votes cast, regardless of class, at any meeting.
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Each issued and outstanding Class A Share will be converted into one Class B Voting Share, automatically and without any further act of the Corporation or the holder, if (i) the Class A Share is or becomes owned or controlled by a Canadian within the meaning of the CTA, or (ii) the CTA’s provisions relating to foreign ownership restrictions are repealed and not replaced with other similar provisions.
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CLASS B VOTING SHARES
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An unlimited number of participating Class B Voting Shares [“Class B Shares”], which may only be owned and controlled by Canadians within the meaning of the CTA, and entitling such Canadians to one vote per Class B Share at any meeting of the shareholders of the Corporation. Each issued and outstanding Class B Share will be converted into one Class A Share, automatically and without any further act of the Corporation or the holder, if the Class B Share is or becomes owned or controlled by a person other than a Canadian within the meaning of the CTA.
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"},{"id":568,"title":"Share Buyback Program","titleSize":"span","uniqueName":"Share Buyback Program","url":"/corporate/investors/Share_Config/Share-Buyback-Program?extract=zoneContent","thumbnailPath":"","thumbnailAltText":"","open":false,"content":"
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\r\n \r\n Following is a list of the most recent initiatives as part of Transat A.T. Inc.'s normal-course issuer bid.
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\r\n\t\r\n\t\t\r\n\t\t\tApril 2015-2016 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t2,274,921 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$7.27 | \r\n\t\t
\r\n\t\t\r\n\t\t\tJune 2007-2008 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t1,361,600 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$25.42 | \r\n\t\t
\r\n\t\t\r\n\t\t\tJune 2006-2007 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t725,700 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$29.79 | \r\n\t\t
\r\n\t\t\r\n\t\t\tJune 2005-2006 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t757,600 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$19.87 | \r\n\t\t
\r\n\t\t\r\n\t\t\tJune 2004-2005 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t553,500 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$22.39 | \r\n\t\t
\r\n\t\t\r\n\t\t\tOctober 2000-2001 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t2,600 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$8.08 | \r\n\t\t
\r\n\t\t\r\n\t\t\tOctober 1999-2000 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t1,452,265 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$7.08 | \r\n\t\t
\r\n\t\t\r\n\t\t\tOctober 1998-1999 program | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t1,582,590 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$6.80 | \r\n\t\t
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\r\n \r\n The following list details the most recent of Transat A.T. Inc.'s substantial issuer bids.
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\r\n\t\r\n\t\t\r\n\t\t\tDate of share buyback: | \r\n\t\t\tJanuary 3, 2006 | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t6,443,299 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$19.40 | \r\n\t\t
\r\n\t\t\r\n\t\t\tDate of share buyback: | \r\n\t\t\tOctober 30, 1995 | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t3,750,080 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$5.75 | \r\n\t\t
\r\n\t\t\r\n\t\t\tDate of share buyback: | \r\n\t\t\tJune 23, 1995 | \r\n\t\t
\r\n\t\t\r\n\t\t\t# of shares purchased: | \r\n\t\t\t2,627,715 | \r\n\t\t
\r\n\t\t\r\n\t\t\tAverage purchase price: | \r\n\t\t\t$3.00 | \r\n\t\t
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Transat A.T. Inc. Voting and Variable Voting Shares (TRZ:CA)
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