CAE to transfer US stock exchange listing to Nasdaq
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Background ✨
CAE pursued portfolio optimisation, including assessing strategic alternatives for its Flightscape aviation software unit, with options ranging from partnerships and investment to a sale, while aiming to focus capital on core simulation and training activities1. CAE also renewed normal course issuer bids, including approval to repurchase up to 16 million shares from 10-Jun-2025 to 09-Jun-2026, following a prior authorisation for up to 15.9 million shares in 2024-20252 3.