• ITVI.USA
    12,510.570
    -28.180
    -0.2%
  • OTLT.USA
    2.857
    -0.021
    -0.7%
  • OTRI.USA
    8.520
    0.050
    0.6%
  • OTVI.USA
    12,556.130
    -24.190
    -0.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • WAIT.USA
    125.000
    6.000
    5%
  • ITVI.USA
    12,510.570
    -28.180
    -0.2%
  • OTLT.USA
    2.857
    -0.021
    -0.7%
  • OTRI.USA
    8.520
    0.050
    0.6%
  • OTVI.USA
    12,556.130
    -24.190
    -0.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • WAIT.USA
    125.000
    6.000
    5%
American Shipper

CANADIAN PACIFIC TO BUY BACK 16 MILLION SHARES

CANADIAN PACIFIC TO BUY BACK 16 MILLION SHARES

   Canadian Pacific, the parent company of CP Ships and Canadian Pacific Railway, has announced a plan to buy 15.7 million of its own common shares.

   The shares to be bought represent about 5 percent of the total number of common shares held by the public.

   CP said that it believes that it would be “an attractive and appropriate use for corporate funds” to buy shares at the current market price. CP has purchased 18 million of its common shares in the past 12 months.