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An update from Chorus Aviation ( (TSE:CHR) ) is now available.
Chorus Aviation announced that its shareholders and board have approved a share consolidation plan aimed at reducing the number of outstanding shares significantly. This consolidation, approved by 95.5% of shareholders and conditionally by the Toronto Stock Exchange, will streamline Chorus’s share structure, potentially affecting the trading dynamics of its stock and impacting stakeholders with a new listing symbol and adjusted securities.
More about Chorus Aviation
Chorus Aviation Inc. operates in the aviation industry, focusing on regional aviation services. The company’s primary services include aircraft leasing and providing regional air transport solutions, with a market focus on serving regional airlines.
YTD Price Performance: -11.75%
Average Trading Volume: 451,028
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$531.3M
For detailed information about CHR stock, go to TipRanks’ Stock Analysis page.