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Top Stories· August 18, 2026 at 12:46 p.m.

Air Canada Finalizes $800-Million Share Buyback and Aeroplan Stake Sale

Air Canada Finalizes $800-Million Share Buyback and Aeroplan Stake Sale

Key takeaways

  • Air Canada finalized an $800-million share buyback program
  • The buyback is tied to the sale of a significant stake in the Aeroplan loyalty program
  • Up to 126 million shares will be repurchased over three years

Air Canada has finalized an $800-million share buyback program, tied to the sale of a significant stake in its Aeroplan loyalty program. The airline plans to repurchase up to 126 million shares over the next three years, subject to market conditions and regulatory approvals.

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