CAE INC

CAE Inc. announced the renewal of its normal course issuer bid (NCIB), receiving regulatory approval to repurchase up to 16,073,033 common shares, representing approximately 5% of its outstanding shares. The program will run from June 10, 2026, to June 9, 2027, with purchases made on the TSX, NYSE, and other platforms. The company has engaged TD Securities Inc. as its broker and established an automatic repurchase plan to facilitate purchases during blackout periods. This initiative is part of CAE's capital allocation strategy, aiming to enhance shareholder value.

CAE Inc. reported its fourth quarter and full fiscal year 2026 results, with full-year revenue reaching $4.9 billion, a 4% increase, and adjusted EPS of $1.20. The company also announced a comprehensive transformation plan targeting $125 million to $150 million in annual run-rate savings and $950 million to $1 billion in adjusted segment operating income by fiscal 2030. While FY2026 performance was solid despite a softer civil training market, the company anticipates FY2027 to be an execution year with low-single digit revenue growth and temporary lower profitability in Civil due to transformation-related costs.

CAE Inc. has announced the details for its upcoming Annual General Meeting (AGM). The meeting is scheduled to take place on August 12, 2026, and will be held as a hybrid event. The record date for both the notice of meeting and voting, as well as for beneficial ownership determination, has been set for June 15, 2026.