Aecon Group Inc. (T:ARE)
Business Focus: Construction & Engineering (NEC)
Apr 22, 2024 08:46 am ET
Aecon releases 2023 Sustainability Report highlighting its progress and role in Advancing the Energy Transition
Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today released its 2023 Sustainability Report highlighting its progress and role in Advancing the Energy Transition. “Our 2023 Sustainability Report illustrates our role as an innovative...
Apr 12, 2024 06:37 pm ET
Aecon consortium selected as preferred proponent for the stations contract on the Surrey Langley SkyTrain Project
Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that South Fraser Station Partners, a consortium comprised of Aecon, Acciona and Pomerleau, in which Aecon holds a 33.3% interest, has been selected by the Province of British...
Mar 26, 2024 05:46 pm ET
Aecon consortium selected to redevelop the Cyril E. King Airport and Henry E. Rohlsen Airport in the U.S. Virgin Islands
Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that VIports Partners (“VIports”), an Aecon-led consortium, has been selected by the U.S. Virgin Islands Port Authority (“VIPA”) to redevelop the Cyril E. King Airport in St. Thomas and the...
Mar 25, 2024 07:31 am ET
Aecon schedules first quarter 2024 financial results release and conference call
Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2024 financial results on Wednesday, April 24, 2024 after market close, and has scheduled a live webcast and conference call for 9 a.m. (Eastern Time) on...
Mar 11, 2024 07:35 am ET
Aecon appoints Jerome Julier as Chief Financial Officer
Aecon Group Inc. (TSX: ARE) (“Aecon”) is pleased to announce today that Jerome Julier has been appointed to the position of Executive Vice President and Chief Financial Officer, effective April 8, 2024. Most recently serving as Managing Director...
Mar 05, 2024 04:19 pm ET
Aecon reports year-end 2023 results
Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the fourth quarter and year-end 2023 including full year revenue of $4.6 billion and backlog of $6.2 billion at December 31, 2023. Aecon's Board of Directors approved...
Feb 28, 2024 04:17 pm ET
Aecon partnership executes contract to advance in-water works design for the Contrecœur Terminal Expansion project in Québec
Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that Contrecoeur Terminal Constructors General Partnership, comprised of Aecon (40%) and Pomerleau (60%), has executed a contract with the Montréal Port Authority (“MPA”) for the Contrecœur...
Jan 24, 2024 09:45 am ET
Aecon consortium partners with Metrolinx as new operations and maintenance partner for GO Transit service
TORONTO, Jan. 24, 2024 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon") announced today that ONxpress Operations Inc. ("OOI"), a member of ONxpress Transportation Partners ("ONxpress"), will serve as the new operations and maintenance partner for the GO Transit system in the Greater Golden Horseshoe Area over a 23-year term commencing January 1, 2025. This is an important milestone for ONxpress as part of the ongoing collaborative development phase for the GO Expansion On-Corridor (OnCorr) Works project.
Jan 08, 2024 06:30 am ET
Jan 02, 2024 06:30 am ET
Dec 29, 2023 08:18 am ET
Aecon announces repayment of convertible debentures
TORONTO, Dec. 29, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today the full cash repayment of the $184 million principal amount owed under its 5.0% unsecured convertible debentures due on December 31, 2023 (the "Debentures") (CUSIP: 00762VAF6), along with accrued unpaid interest for the month of December 2023. Payment for the Debentures was processed today through Computershare Trust of Canada.
Dec 21, 2023 03:00 pm ET
Aecon awarded contract for the replacement of Condensers and Feedwater Heaters at the Dominion Energy North Anna Power Station in Virginia
TORONTO, Dec. 21, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has been awarded a US$200 million contract by Dominion Energy for the replacement of Condensers and Feedwater Heaters at the North Anna Power Station in Mineral, Virginia. The value of the contract will be added to Aecon's Construction segment backlog in the fourth quarter of 2023.
Dec 15, 2023 06:45 am ET
Dec 14, 2023 04:15 pm ET
Dec 13, 2023 06:30 am ET
Aecon announces next quarterly dividend
TORONTO, Dec. 13, 2023 /CNW/ - On December 8, 2023 Aecon's Board of Directors approved its next quarterly dividend of 18.5 cents per share. The dividend will be paid on January 3, 2024 to shareholders of record as of December 22, 2023.
Oct 25, 2023 05:08 pm ET
Oct 23, 2023 10:12 am ET
Canadian Investment Regulatory Organization Trade Resumption - ARE
TORONTO, Oct. 23, 2023 /CNW/ - Trading resumes in:
Oct 23, 2023 10:08 am ET
Canadian Investment Regulatory Organization Trading Halt - ARE
TORONTO, Oct. 23, 2023 /CNW/ - The following issues have been halted by CIRO:
Oct 23, 2023 09:50 am ET
Sep 20, 2023 04:00 pm ET
Aecon completes sale of 49.9% interest in the Bermuda International Airport concessionaire
TORONTO, Sept. 20, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today the closing of the previously disclosed agreement with Connor, Clark & Lunn Infrastructure to sell a 49.9% interest in the L.F. Wade International Airport (Bermuda International Airport) concessionaire, Bermuda Skyport Corporation Limited ("Skyport"). The final sale price was US$120 million following certain closing adjustments.
Sep 18, 2023 12:12 pm ET
Jul 26, 2023 05:00 pm ET
Jun 19, 2023 04:19 pm ET
Jun 06, 2023 06:49 pm ET
Aecon announces voting results of Annual General Meeting and the appointment of Stuart Lee to Board of Directors
TORONTO, June 6, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Corporation") announced today that the nominees listed in the Management Information Circular dated May 2, 2023 were elected as directors of Aecon, to hold office until the close of the next Annual Meeting of the Corporation or until their successors are appointed.
May 11, 2023 04:08 pm ET
Aecon joint venture awarded $1.3 billion Fuel Channel and Feeder Replacement contract for four units at the Bruce Nuclear Generating Station in Ontario
-Substantial completion achieved on-time and on-budget for Unit 6 refurbishment-
May 01, 2023 04:16 pm ET
Aecon Completes Sale of Roadbuilding Business in Ontario to Green Infrastructure Partners
TORONTO, May 1, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today the closing of the previously disclosed definitive purchase agreement with Green Infrastructure Partners Inc. to sell its Aecon Transportation East roadbuilding, aggregates and materials businesses in Ontario for $235 million in cash.
Apr 26, 2023 02:31 pm ET
Apr 25, 2023 04:16 pm ET
Aecon reports first quarter 2023 results
TORONTO, April 25, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today reported results for the first quarter of 2023 with year-over-year increases in revenue, operating profit, and Adjusted EBITDA, and backlog of $6 billion at March 31, 2023.
Apr 21, 2023 07:30 am ET
Aecon releases fourth annual Sustainability Report entitled Building a Sustainable Future
TORONTO, April 21, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today released its fourth annual Sustainability Report, outlining its progress and goals in its Environmental, Social and Governance (ESG) practices.
Mar 24, 2023 08:00 am ET
Virtusa Finalizes Strategic Cloud Migration Partnership with Aecon to Bring Digital Operations to Amazon Web Services
Virtusa and Aecon join forces to drive digital transformation, leveraging strategic cloud migration partnership with Amazon Web Services.
Mar 23, 2023 12:50 pm ET
Mar 15, 2023 02:34 pm ET
IIROC Trade Resumption - ARE
TORONTO, March 15, 2023 /CNW/ - Trading resumes in:
Mar 15, 2023 02:31 pm ET
IIROC Trading Halt - ARE
TORONTO, March 15, 2023 /CNW/ - The following issues have been halted by IIROC:
Mar 15, 2023 02:25 pm ET
Mar 01, 2023 06:34 am ET
Aecon to Sell Roadbuilding Business in Ontario to Green Infrastructure Partners for $235 million
Complements strategic focus on end markets related to energy transition and sustainability
Feb 28, 2023 03:30 pm ET
Feb 10, 2023 11:04 am ET
Aecon Partnership Executes Agreement for Innovative Oneida Energy Storage Project in Ontario
-Largest battery storage project in Canada-
Jan 27, 2023 07:18 am ET
Aecon partnership executes agreement to deliver North America's first grid-scale Small Modular Reactor for Ontario Power Generation
TORONTO, Jan. 27, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that a partnership between Aecon, GE Hitachi and SNC-Lavalin has executed a six-year alliance agreement with Ontario Power Generation (OPG) to deliver North America's first grid-scale Small Modular Reactor (SMR) through the Darlington New Nuclear Project (DNNP) in Clarington, Ontario.
Jan 10, 2023 06:30 am ET
Dec 31, 2022 06:30 am ET
Dec 06, 2022 03:04 pm ET
Nov 30, 2022 11:27 am ET
Oct 26, 2022 04:30 pm ET
Sep 30, 2022 07:30 am ET
Sep 19, 2022 07:30 am ET
Sep 02, 2022 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index
TORONTO, Sept. 2, 2022 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, September 19, 2022:
Jul 28, 2022 05:00 pm ET
Jun 13, 2022 07:30 am ET
Aecon schedules second quarter 2022 financial results release and conference call
TORONTO, June 13, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2022 financial results on Thursday, July 28, 2022 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, July 29, 2022.
Jun 07, 2022 04:23 pm ET
Aecon Announces Voting Results of Annual General Meeting
TORONTO, June 7, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Corporation") announced today that the nominees listed in the Management Information Circular dated May 3, 2022 were elected as directors of Aecon, to hold office until the close of the next Annual Meeting of the Corporation or until their successors are appointed.
May 26, 2022 06:04 pm ET
Aecon joint venture awarded contract for the Buffalo Pound Water Treatment Plant Renewal Project in Saskatchewan
TORONTO, May 26, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Graham-Aecon Joint Venture, a 50/50 consortium between Aecon and Graham Construction, has been awarded a $273 million design-build contract by the Buffalo Pound Water Treatment Corporation (BPWTC) for the Buffalo Pound Water Treatment Plant Renewal Project near Moose Jaw, Saskatchewan. Aecon's share of the contract will be added to its Construction segment backlog in the second quarter of 2022.
May 05, 2022 04:32 pm ET
Aecon partnership finalizes contract for the Montréal-Trudeau International Airport REM Station project in Québec
TORONTO, May 5, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Connect Cité, a 50/50 general partnership between Aecon and EBC in which Aecon is the lead partner, has finalized a $219 million contract with ADM Aéroports de Montréal to build the Montréal-Trudeau International Airport Réseau express métropolitain (REM) Station project in Québec. Aecon's share of this contract will be added to its Construction segment backlog in the second quarter of 2022, with additional scope and related pricing being finalized through a collaborative process in the coming months.
Apr 27, 2022 04:21 pm ET
Aecon reports first quarter 2022 results
- Positive outlook maintained for 2022 supported by strong level of backlog and new awards -
Apr 22, 2022 02:17 pm ET
Aecon releases third annual Sustainability Report entitled Building Innovation
-- Achieves 15 per cent year-over-year CO2 emissions reduction --
Apr 19, 2022 09:24 am ET
Aecon consortium selected for transformative GO Expansion project
-- Largest transit project in Ontario's history --
Apr 05, 2022 07:30 am ET
Aecon awarded contract for the Kingstown Port Modernisation Project Works, Lot 1: Primary Cargo Port, in Saint Vincent and the Grenadines
TORONTO, April 4, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has been awarded a US$170 million contract by the Government of Saint Vincent and the Grenadines, represented by the Ministry of Urban Development, Energy, Airports, Seaports, Grenadines Affairs and Local Government for the design and build of the Kingstown Port Modernisation Project Works, Lot 1: Primary Cargo Port, in Saint Vincent and the Grenadines. The value of the contract will be added to Aecon's Construction segment backlog in the second quarter of 2022, with an initial design period expected to commen
Mar 24, 2022 07:30 am ET
Aecon schedules first quarter 2022 financial results release and conference call
TORONTO, March 24, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2022 financial results on Wednesday, April 27, 2022, after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Thursday, April 28, 2022.
Mar 01, 2022 04:34 pm ET
Aecon reports year-end 2021 results
- Positive overall outlook for 2022 supported by strong level of backlog and new awards -
Feb 23, 2022 03:58 pm ET
Aecon consortium identified as First Negotiations Proponent for the GO Rail Expansion - On-Corridor Works project in Ontario
TORONTO, Feb. 23, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that ONxpress Transportation Partners has been identified by Infrastructure Ontario (IO) and Metrolinx as the First Negotiations Proponent to design, build, operate and maintain the GO Rail Expansion - On-Corridor Works project in the Greater Toronto Area (GTA). The project will electrify and transform the GO rail network into a system that will deliver two-way, all-day service. ONxpress Transportation Partners is a consortium comprised of Aecon, FCC Construcción S.A. (FCC), Deutsche Bahn International Operations GmbH
Jan 27, 2022 03:39 pm ET
Aecon general partnership selected as preferred proponent for the Montreal-Trudeau Airport REM Station project in Québec
TORONTO, ON, Jan. 27, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Connect Cité, a 50/50 general partnership between Aecon and EBC, has been selected by ADM Aéroports de Montréal as the preferred proponent for the Montreal-Trudeau International Airport Réseau express métropolitain (REM) Station project in Québec.
Jan 25, 2022 06:30 am ET
Aecon consortium awarded contract for the Annacis Water Supply Tunnel project in British Columbia
-- Aecon share valued at $115 million added to first quarter 2022 backlog --
Jan 18, 2022 06:30 am ET
Aecon awarded civil construction contract in Washington State
-- US$126 million contract for I-90/SR-18 Interchange Improvements and Widening --
Jan 10, 2022 06:30 am ET
Aecon schedules fourth quarter and year-end 2021 financial results release and conference call
TORONTO, Jan. 10, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2021 financial results on Tuesday, March 1, 2022 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Wednesday, March 2, 2022.
Dec 17, 2021 06:30 am ET
Aecon joint venture awarded Fuel Channel and Feeder Replacement contract for Unit 3 at Bruce Nuclear Generating Station
TORONTO, Dec. 17, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Shoreline Power Group, a joint venture between Aecon (55%), SNC-Lavalin (30%) and United Engineers & Constructors (15%), has been awarded an approximately $400 million contract by Bruce Power to execute the Unit 3 Fuel Channel and Feeder Replacement (FCFR) at the Bruce Nuclear Generating Station in Tiverton, Ontario. Aecon's share of the contract will be added to its Construction segment backlog in the fourth quarter of 2021.
Oct 28, 2021 05:00 pm ET
Aecon Reports Third Quarter 2021 Results
TORONTO, Oct. 28, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today reported results for the third quarter of 2021 with a year-over-year increase in revenue and underlying profitability, and backlog of over $6 billion as at September 30, 2021.
Oct 22, 2021 07:30 am ET
Algoma Steel Expands and Diversifies Board
Algoma Steel Group Inc., with operations based in Sault Ste. Marie, Ontario (“Algoma”) (NASDAQ: ASTL, ASTLW; TSX: ASTL, ASTL.WT), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the addition of six...
Oct 14, 2021 07:30 am ET
Aecon pilots Volvo Electric Excavator in support of GHG emissions reduction targets
-- First construction company in Canada to use the zero-emission excavator on site --
Jul 22, 2021 04:15 pm ET
IIROC Trade Resumption - ARE
TORONTO, July 22, 2021 /CNW/ - Trading resumes in:
Jul 22, 2021 04:11 pm ET
IIROC Trading Halt - ARE
TORONTO, July 22, 2021 /CNW/ - The following issues have been halted by IIROC:
Jul 22, 2021 04:05 pm ET
Aecon reports second quarter 2021 results
TORONTO, July 22, 2021 /CNW/ - July 22, 2021: Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today reported results for the second quarter of 2021 with significant year-over-year increases in revenue, Adjusted EBITDA, and earnings per share, with backlog of $6.5 billion as at June 30, 2021.
Jul 07, 2021 07:15 am ET
Aecon joint venture awarded contract for the Winnipeg North End Sewage Treatment Plant project
TORONTO, July 7, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Red River Solutions, a 50/50 joint venture between Aecon and Oscar Renda Contracting of Canada Inc. has been awarded a $272 million design-build contract by the City of Winnipeg for the North End Sewage Treatment Plant (NEWPCC) Upgrade: Headworks Facilities Project in Winnipeg, Manitoba. Aecon's share of the contract was added to its Construction segment backlog in the second quarter of 2021.
Jul 05, 2021 07:30 am ET
Aecon joint venture awarded steam generator replacement contract for Units 3 and 4 at Bruce Nuclear Generating Station
TORONTO, July 5, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the Steam Generator Replacement Team (SGRT), a 50/50 joint venture between Aecon and SGT (a partnership between Framatome and United Engineers & Constructors), has been awarded an approximately $350 million contract by Bruce Power to replace steam generators at Units 3 and 4 of the Bruce Nuclear Generating Station in Tiverton, Ontario. Aecon's share of the contract was added to its Construction segment backlog in the second quarter of 2021.
Jun 17, 2021 07:30 am ET
Aecon schedules second quarter 2021 financial results release and conference call
TORONTO, June 17, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2021 financial results on Thursday, July 22, 2021 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, July 23, 2021.
Jun 08, 2021 05:59 pm ET
Aecon hosts virtual 2021 Annual General Meeting - Scott Thon appointed to Aecon's Board of Directors
TORONTO, June 8, 2021 /CNW/ - John M. Beck, Chairman, Aecon Group Inc. (TSX: ARE) was pleased to announce on behalf of the Board of Directors at Aecon's virtual Annual General Meeting, the appointment of Scott Thon to Aecon's Board of Directors. Joseph A. Carrabba did not stand for re-election and has retired from Aecon's Board, effective immediately.
Jun 08, 2021 05:38 pm ET
Aecon Announces Voting Results of Annual General Meeting
TORONTO, June 8, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Corporation") announced today that the nominees listed in the Management Information Circular dated May 9, 2021 were elected as directors of Aecon, to hold office until the close of the next Annual General Meeting of the Corporation or until their successors are appointed.
May 20, 2021 04:07 pm ET
Aecon consortium reaches financial close on the Eglinton Crosstown West Extension Advance Tunnel project in Toronto
TORONTO, May 20, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that West End Connectors has reached financial close on the Eglinton Crosstown West Extension (ECWE) Advance Tunnel project in Toronto. The contract value is $729.2 million.
Apr 22, 2021 04:05 pm ET
Aecon reports first quarter 2021 results
TORONTO, April 22, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today reported results for the first quarter of 2021 with year-over-year increases in revenue and Adjusted EBITDA, and backlog of $5.9 billion as at March 31, 2021.
Apr 20, 2021 07:30 am ET
Aecon Releases Second Annual Sustainability Report - Building Better Together
Commits to 30 per cent reduction in direct CO2 emissions by 2030 and net-zero by 2050
Apr 01, 2021 09:00 am ET
Terrestrial Energy Announces Engineering and Construction Services Agreement with Aecon Supporting Integral Molten Salt Reactor Power Plant Development
Terrestrial Energy has signed an engineering and construction services agreement with Aecon Group Inc. to support construction planning for an Integral Molten Salt Reactor (IMSR), Generation IV advanced nuclear power plant. Under this agreement,...
Mar 30, 2021 08:00 am ET
Aecon schedules first quarter 2021 financial results release and conference call
TORONTO, March 30, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2021 financial results on Thursday, April 22, 2021 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, April 23, 2021.
Mar 05, 2021 09:08 am ET
Aecon consortium identified as First Negotiations Proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto
TORONTO, March 5, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that West End Connectors, a consortium comprised of Aecon (40%), Dragados Canada Inc. (40%) and Ghella (20%), has been identified by Infrastructure Ontario (IO) and Metrolinx as the First Negotiations Proponent (FNP) to design, build and finance the Eglinton Crosstown West Extension (ECWE) Advance Tunnel project in Toronto.
Feb 25, 2021 05:06 pm ET
Aecon reports year-end 2020 results
TORONTO, Feb. 25, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and year-end 2020 including full year revenue of $3.6 billion and backlog of $6.5 billion as at December 31, 2020. Aecon's Board of Directors approved an increase to the quarterly dividend to 17.5 cents per share from 16 cents per share previously.
Jan 13, 2021 07:00 am ET
Aecon schedules fourth quarter and year-end 2020 financial results release and conference call
TORONTO, Jan. 13, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2020 financial results on Thursday, February 25, 2021 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, February 26, 2021.
Nov 06, 2020 04:35 pm ET
Aecon joint venture reaches financial close on the Kicking Horse Canyon Project - Phase 4 in British Columbia
TORONTO, Nov. 6, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that a joint venture in which it is the lead partner, Kicking Horse Canyon Constructors, has reached financial close on the Kicking Horse Canyon Project – Phase 4 in British Columbia. The total contract is valued at $440.6 million.
Oct 29, 2020 05:06 pm ET
Aecon reports third quarter 2020 results
TORONTO, Oct. 29, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2020 including backlog of $6.7 billion as at September 30, 2020.
Sep 24, 2020 08:00 am ET
Aecon schedules third quarter 2020 financial results release and conference call
TORONTO, Sept. 24, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2020 financial results on Thursday, October 29, 2020 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, October 30, 2020.
Aug 18, 2020 08:00 am ET
Aecon Releases Inaugural Sustainability Report
- Building the Infrastructure of a Better Tomorrow -
Jul 23, 2020 04:11 pm ET
Aecon reports second quarter 2020 results
--Record backlog of $7.3 billion--
Jun 26, 2020 08:00 am ET
Aecon schedules second quarter 2020 financial results release and conference call
TORONTO, June 26, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2020 financial results on Thursday, July 23, 2020 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, July 24, 2020.
Jun 02, 2020 02:32 pm ET
Aecon Announces Voting Results of Annual General Meeting
--Declares quarterly dividend--
Apr 23, 2020 05:05 pm ET
Aecon reports first quarter 2020 results
--Revenue growth, improved Adjusted EBITDA, and backlog of $7 billion--
Apr 09, 2020 07:00 am ET
Aecon schedules first quarter 2020 financial results release and conference call
TORONTO, April 9, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2020 financial results on Thursday, April 23, 2020 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, April 24, 2020.
Mar 30, 2020 04:45 pm ET
Aecon provides update on impact of COVID-19 pandemic
- Withdraws outlook for 2020 -
Mar 24, 2020 07:00 am ET
Aecon to hold virtual annual meeting of shareholders
TORONTO, March 24, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it will hold its annual meeting of shareholders on Tuesday, June 2, 2020 using a virtual meeting format.
Mar 03, 2020 03:20 pm ET
Aecon reports 2019 results including record revenue and Adjusted EBITDA
Quarterly dividend increased to 16 cents per share from 14.5 cents per share
Feb 10, 2020 03:27 pm ET
Aecon joint venture reaches financial close on the Pattullo Bridge Replacement Project in British Columbia
TORONTO, Feb. 10, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners has reached financial close on the Pattullo Bridge Replacement Project in British Columbia. The total contract is valued at $967.5 million.
Feb 03, 2020 06:00 am ET
Aecon acquires medium to high-voltage electrical transmission contractor Voltage Power
TORONTO, Feb. 3, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has acquired Voltage Power, an electrical transmission and substation contractor headquartered in Winnipeg, Manitoba. The base purchase price is $30 million in cash, with additional earnout payments possible based on achieving minimum EBITDA targets over the next three years. The base purchase price implies a transaction multiple of approximately 3.75x Voltage Power's average EBITDA over the past three years and will be fully financed using Aecon's available cash.
Jan 30, 2020 06:00 am ET
Aecon schedules fourth quarter and year-end 2019 financial results release and conference call
TORONTO, Jan. 30, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2019 financial results on Tuesday, March 3, 2020 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Wednesday, March 4, 2020.
Jan 10, 2020 06:00 am ET
Aecon announces John M. Beck transition from Executive Chairman to non-executive Chairman
TORONTO, Jan. 10, 2020 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that effective immediately, John M. Beck, Founder, former Chief Executive Officer and Executive Chairman has transitioned to the role of non-executive Chairman. Jean-Louis Servranckx, President and Chief Executive Officer, will assume full executive responsibility and will be fully supported by Mr. Beck and the Board.
Dec 19, 2019 06:00 am ET
Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia
TORONTO, Dec. 19, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners, a 50/50 joint venture between Aecon and Acciona, has been selected by the Province of B.C. as preferred proponent for the Pattullo Bridge Replacement Project.
Dec 17, 2019 03:31 pm ET
Aecon awarded three significant contracts in British Columbia, Alberta and Ontario
Aecon share valued at $420 million added to fourth quarter 2019 backlog
Oct 31, 2019 04:05 pm ET
Aecon reports third quarter 2019 results
Announces Normal Course Issuer Bid
Sep 26, 2019 08:00 am ET
Aecon schedules third quarter 2019 financial results release and conference call
TORONTO, Sept. 26, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2019 financial results on Thursday, October 31, 2019 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, November 1, 2019.
Jul 26, 2019 07:58 am ET
IIROC Trade Resumption - ARE
TORONTO, July 26, 2019 /CNW/ - Trading resumes in:
Jul 25, 2019 04:15 pm ET
IIROC Trading Halt - ARE
TORONTO, July 25, 2019 /CNW/ - The following issues have been halted by IIROC:
Jul 25, 2019 04:05 pm ET
Aecon reports strong second quarter 2019 results
TORONTO, July 25, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the second quarter of 2019, with year-over-year growth in revenue, Adjusted EBITDA and operating profit, and quarter end backlog of $6.8 billion.
Jun 27, 2019 08:00 am ET
Aecon schedules second quarter 2019 financial results release and conference call
TORONTO, June 27, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2019 financial results on Thursday, July 25, 2019 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, July 26, 2019.
Jun 05, 2019 11:41 am ET
Aecon Announces Voting Results of Annual General Meeting
TORONTO, June 5, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated May 8, 2019 were elected as directors of Aecon Group Inc., to hold office until the next Annual General Meeting or until their successors are appointed.
Jun 04, 2019 03:55 pm ET
Aecon holds 2019 Annual General Meeting in Toronto - Deborah S. Stein and John W. Brace appointed to Aecon's Board of Directors
TORONTO, June 4, 2019 /CNW/ - John M. Beck, Executive Chairman, Aecon Group Inc. (TSX: ARE) was pleased to announce on behalf of the Board of Directors at Aecon's Annual General Meeting in Toronto, the appointment of Deborah S. Stein and John W. Brace to Aecon's Board of Directors, effective immediately.
Apr 29, 2019 07:01 am ET
Aecon consortium reaches financial close on the Highway 401 Expansion project in the Greater Toronto Area
TORONTO, April 29, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that West Corridor Constructors has reached financial close on the Highway 401 Expansion project in the Greater Toronto Area (GTA). The total contract is valued at $639.8 million.
Apr 26, 2019 07:37 am ET
IIROC Trade Resumption - ARE
TORONTO, April 26, 2019 /CNW/ - Trading resumes in:
Apr 25, 2019 04:31 pm ET
Aecon reports strong first quarter 2019 results
TORONTO, April 25, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the first quarter of 2019 with year-over-year increases in revenue and Adjusted EBITDA, and quarter end backlog of $6.7 billion.
Apr 25, 2019 04:15 pm ET
IIROC Trading Halt - ARE
TORONTO, April 25, 2019 /CNW/ - The following issues have been halted by IIROC:
Mar 21, 2019 08:45 am ET
Aecon schedules first quarter 2019 financial results release and conference call
TORONTO, March 21, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2019 financial results on Thursday, April 25, 2019 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, April 26, 2019.
Mar 14, 2019 08:00 am ET
Marten Falls First Nation and Aecon announce strategic partnership to explore renewable energy solution
THUNDER BAY, ON, March 14, 2019 /CNW/ - Marten Falls First Nation and Aecon Group Inc. (TSX:ARE) announced today that they have signed a Memorandum of Understanding (MOU), to explore a renewable energy pilot project to reduce dependence on diesel fuel consumption in Marten Falls, a remote community located southeast of Ontario's Ring of Fire region.
Mar 05, 2019 03:05 pm ET
Aecon reports 2018 results including record revenue, Adjusted EBITDA, and year-end backlog
Quarterly dividend increased to 14.5 cents per share from 12.5 cents per share
Feb 11, 2019 07:30 am ET
Aecon schedules fourth quarter and year-end 2018 financial results release and conference call
TORONTO, Feb. 11, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2018 financial results on Tuesday, March 5, 2019 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Wednesday, March 6, 2019.
Dec 11, 2018 07:00 am ET
Aecon announces fourth quarter 2018 dividend
TORONTO, Dec. 11, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced its fourth quarter dividend of 12.5 cents per common share. The dividend will be paid on January 3, 2019 to shareholders of record on December 21, 2018.
Nov 23, 2018 03:00 pm ET
Aecon completes sale of Contract Mining business to North American Construction Group
TORONTO, Nov. 23, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today the closing of the definitive asset purchase agreement to sell substantially all of the assets related to Aecon's Contract Mining business to North American Construction Group Inc. ("NACG") (TSX: NOA/NYSE: NOA) for $199.1 million in cash, subject to customary closing adjustments. The closing is consistent with the previous announcement issued on October 3, 2018, and is effective November 23, 2018.
Nov 05, 2018 03:00 pm ET
Aecon announces resignation of director, the Honourable Brian Tobin
TORONTO, Nov. 5, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the Honourable Brian V. Tobin, P.C., O.C. will step down from Aecon's board of directors, effective December 31, 2018.
Nov 01, 2018 08:01 am ET
Aecon joint venture awarded contract for Second Narrows Water Supply Tunnel project in British Columbia
TORONTO, Nov. 1, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that a joint venture between Aecon (40%) and Traylor Bros Inc. (60%) has been awarded a $267 million contract by Metro Vancouver (Greater Vancouver Water District) for the Second Narrows Water Supply Tunnel project in British Columbia.
Oct 26, 2018 07:47 am ET
IIROC Trade Resumption - ARE
TORONTO, Oct. 26, 2018 /CNW/ - Trading resumes in:
Oct 25, 2018 04:14 pm ET
IIROC Trading Halt - ARE
TORONTO, Oct. 25, 2018 /CNW/ - The following issues have been halted by IIROC:
Oct 25, 2018 04:05 pm ET
Aecon reports third quarter 2018 results including strong revenue and profit growth, as well as record backlog of $7.0 billion
TORONTO, Oct. 25, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the third quarter of 2018, with significant growth in revenue and profitability demonstrating ongoing ramp up and execution on a record level of backlog.
Oct 03, 2018 06:00 am ET
Aecon agrees to sell Contract Mining business to North American Construction Group
TORONTO, Oct. 3, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has entered into a definitive asset purchase agreement with North American Construction Group Inc. ("NACG") (TSX: NOA/NYSE: NOA) under which Aecon has agreed to sell to NACG substantially all of the assets related to Aecon's Contract Mining business for $199.1 million in cash.
Oct 02, 2018 08:15 am ET
Aecon awarded pipeline construction contract by TransCanada for Coastal GasLink Pipeline project in British Columbia
TORONTO, Oct. 2, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that SA Energy Group, a 50/50 joint venture between Aecon and Robert B. Somerville Co. Ltd., has been awarded a $526 million contract by TransCanada Corporation, for Spreads 3 and 4 of the Coastal GasLink Pipeline project in British Columbia.
Oct 01, 2018 08:46 am ET
Aecon announces closing of the over-allotment option associated with its recently completed public offering of convertible debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
Sep 28, 2018 11:42 am ET
Aecon consortium reaches financial close on Gordie Howe International Bridge project
TORONTO, Sept. 28, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Bridging North America has reached financial close on the previously disclosed Gordie Howe International Bridge project. The fixed-priced contract is valued at $5.7 billion (nominal value), which includes the design-build (DB) phase and the 30-year operation, maintenance and rehabilitation (OMR) phase.
Sep 27, 2018 08:10 am ET
Aecon schedules third quarter 2018 financial results and conference call
TORONTO, Sept. 27, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2018 financial results on Thursday, October 25, 2018 after market close, and has scheduled a conference call for 10 a.m. (Eastern Time) on Friday, October 26, 2018.
Sep 26, 2018 08:23 am ET
Aecon completes $160 million public offering of convertible debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
Sep 07, 2018 08:00 am ET
IIROC Trade Resumption - ARE
TORONTO, Sept. 7, 2018 /CNW/ - Trading resumes in:
Sep 06, 2018 03:21 pm ET
Aecon announces $160 million public offering of convertible debentures
Aecon Group Inc. (“Aecon” or the “Company”) (TSX: ARE) today announced that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc. and CIBC Capital Markets pursuant to which the underwriters will purchase, on...
Sep 06, 2018 03:18 pm ET
IIROC Trading Halt - ARE
TORONTO, Sept. 6, 2018 /CNW/ - The following issues have been halted by IIROC:
Aug 15, 2018 07:00 am ET
Aecon announces receipt of approval to rejoin team selected for Gordie Howe International Bridge project
TORONTO, Aug. 15, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has received approval to rejoin Bridging North America, the team selected as the Preferred Proponent to design, build, finance, operate and maintain the Gordie Howe International Bridge through a public-private partnership.
Jul 30, 2018 04:46 pm ET
Aecon announces partnership with Mikisew Group of Companies and Master Service Agreement for Fort Hills oil sands project
TORONTO, July 30, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Mikisew Aecon Limited Partnership, a newly formed joint venture between Aecon (49%) and Mikisew Group of Companies (Mikisew Cree First Nation) (51%), has been awarded a Master Service Agreement (MSA) by Fort Hills Energy L.P. for work on the Fort Hills oil sands project located approximately 90 kilometres north of Fort McMurray, Alberta. The Fort Hills oil sands project is operated by Suncor. Two initial contracts awarded under the MSA are expected to have an estimated aggregate value of approximately $100 millio
Jul 26, 2018 04:45 pm ET
Aecon reports second quarter 2018 results, including strong revenue, margin and profit growth, as well as record backlog of $6.4 billion
TORONTO, July 26, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the second quarter of 2018, reflecting the early stages of realizing the benefits of a growth in backlog to a record level of $6.4 billion.
Jul 23, 2018 04:40 pm ET
Aecon Appoints Global Construction Leader Jean-Louis Servranckx as President and Chief Executive Officer
TORONTO, July 23, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that its Board of Directors has appointed Jean-Louis Servranckx (pronounced Servranx) as the Company's President and Chief Executive Officer, effective September 4, 2018. Upon Mr. Servranckx' assumption of the CEO role, John M. Beck will assume his previous role as Executive Chair of the Board and Brian V. Tobin will resume the Lead Director role.
Jul 18, 2018 07:50 am ET
Aecon awarded pipeline construction contract by Enbridge for Line 3 Replacement Phase 2 project in Manitoba
TORONTO, July 18, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that SA Energy Group, a 50/50 joint venture between Aecon and Robert B. Somerville Co. Ltd., has been awarded a $282 million contract by Enbridge Pipelines Inc. for Spreads 8 and 9 of the Line 3 Replacement Phase 2 project in Manitoba.
Jul 12, 2018 05:30 pm ET
Aecon awarded contract for the F.G. Gardiner Expressway Rehabilitation Project: Section 1 in Toronto
TORONTO, July 12, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has been awarded a $248 million contract by the City of Toronto for the F.G. Gardiner Expressway Rehabilitation Project: Section 1. The project is a segment of the City of Toronto's overall F.G. Gardiner Strategic Rehabilitation Plan, which will see the rehabilitation of the entire expressway.
Jun 28, 2018 05:52 pm ET
Aecon schedules second quarter 2018 financial results and conference call
TORONTO, June 28, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2018 financial results on Thursday, July 26, 2018 after market close, and has scheduled a conference call for 9:30 a.m. (EST) on Friday, July 27, 2018.
Jun 18, 2018 05:14 pm ET
Aecon announces second quarter 2018 dividend
TORONTO, June 18, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced its second quarter dividend of $0.125 cents per common share. The dividend will be paid on July 3, 2018 to shareholders of record on June 25, 2018.
Jun 14, 2018 07:45 am ET
Aecon with joint venture partners SNC-Lavalin and AECOM awarded Fuel Channel and Feeder Replacement contract by Bruce Power
TORONTO, June 14, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that a joint venture between Aecon, SNC-Lavalin and AECOM has been awarded a $475 million contract by Bruce Power to execute the Unit 6 Fuel Channel and Feeder Replacement (FCFR) at the Bruce Nuclear Generating Station in Kincardine, Ontario. The joint venture will work together under the banner Shoreline Power Group. Aecon holds a 40 per cent share in the project.
May 23, 2018 08:16 pm ET
Government of Canada Rejects Aecon Sale to CCCI
TORONTO, May 23, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") was informed today that the Governor in Council has issued an order under the Investment Canada Act directing CCCC International Holding Limited ("CCCI") not to implement its proposed acquisition of Aecon. As a result, the Arrangement between Aecon and CCCI will not proceed.
May 10, 2018 05:27 pm ET
Aecon announces results of vote for the election of directors
TORONTO, May 10, 2018 Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated April 5, 2018 were elected as directors of Aecon Group Inc., to hold office until the next Annual Meeting of Shareholders or until their successors are appointed.
May 07, 2018 02:39 pm ET
Aecon consortium reaches financial close on Finch West Light Rail Transit project
TORONTO, May 7, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Mosaic Transit Group has reached commercial and financial close on the previously disclosed Finch West Light Rail Transit (LRT) project in Toronto. The total contract is valued at $2.5 billion, which includes $1.2 billion of construction costs.
Apr 25, 2018 06:01 pm ET
Aecon reports first quarter 2018 results
TORONTO, April 25, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") today reported results for the first quarter of 2018.
Apr 12, 2018 03:23 pm ET
NouvLR General Partnership finalizes contract for the Réseau express métropolitain (REM)
TORONTO, April 12, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that NouvLR General Partnership ("NouvLR") has finalized a $5 billion contract with CDPQ Infra Inc. ("CDPQ Infra"), subsidiary of the Caisse de dépôt et placement du Québec, for the engineering, procurement and construction of the Réseau express métropolitain ("REM"). NouvLR is a consortium comprised of: Groupe Aecon Québec Ltée, Dragados Canada Inc., EBC Inc., Pomerleau Inc., and SNC-Lavalin Major Projects Inc.
Apr 11, 2018 05:31 pm ET
Aecon consortium selected as preferred proponent for the Finch West Light Rail Transit project in Toronto
TORONTO, April 11, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Mosaic Transit Group has been selected by Metrolinx and Infrastructure Ontario as preferred proponent for the Finch West Light Rail Transit (LRT) project in Toronto. Mosaic Transit Group is comprised of Aecon, ACS Infrastructure Canada Inc. and CRH Canada Group Inc. Each member of the consortium is an equal partner (33.3 per cent) in the equity and construction of the project, while Aecon and ACS Infrastructure Canada Inc. each have a 50 per cent interest in the 30 year maintenance agreement for the LRT.
Apr 10, 2018 08:35 am ET
Aecon Schedules First Quarter 2018 Financial Results Release
TORONTO, April 10, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2018 financial results on Wednesday, April 25, 2018 after market close.
Mar 28, 2018 08:03 am ET
Aecon Announces Extension of the Arrangement Agreement Outside Date
Timing aligns with previously disclosed approval expectation
Mar 16, 2018 08:11 am ET
Aecon partnership finalizes contract for Site C generating station and spillways civil works
TORONTO, March 16, 2018 /CNW/ - A partnership between Aecon, Flatiron Constructors Canada Limited, Dragados Canada, Inc., and EBC Inc. (AFDE Partnership) has signed the contract with BC Hydro for the Site C Generating Station and Spillways (GSS) Civil Works.
Mar 06, 2018 03:33 pm ET
Aecon reports 2017 results and announces annual dividend
TORONTO, March 6, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and full year 2017, including growth of year-end backlog, improved Adjusted EBITDA margin and significant new project awards. Aecon's Board of Directors approved an annual dividend of 50 cents per share.
Feb 27, 2018 08:16 am ET
Aecon schedules year-end 2017 financial results release
TORONTO, Feb. 27, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2017 financial results on Tuesday, March 6, 2018 after market close.
Feb 12, 2018 06:30 am ET
Aecon Announces Extension of the Arrangement Agreement Outside Date
TORONTO, Feb. 12, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced that the Outside Date for completing the Plan of Arrangement with CCCC International Holding Limited (CCCI) has been extended to March 30, 2018, by mutual agreement. The parties extended the Outside Date following receipt of a notice from the Minister of Innovation, Science and Economic Development indicating that the federal Cabinet has, under section 25.3 of the Investment Canada Act, ordered a continuation of the national security review of the proposed acquisition of Aecon by CCCI. Accordingly, the review of the p
Feb 09, 2018 08:47 am ET
Aecon corrects misleading information
TORONTO, Feb. 9, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) issued the following statement about the Company and its proposed transaction with CCCC International Holding Limited (CCCI).
Feb 08, 2018 04:05 pm ET
NouvLR General Partnership preferred consortium for the Réseau express métropolitain (REM)
TORONTO, Feb. 8, 2018 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that NouvLR General Partnership ("NouvLR") has been selected by CDPQ Infra Inc. ("CDPQ Infra"), a procurement agent for Caisse de dépôt et placement du Québec, as the preferred proponent for the engineering, procurement, and construction of the Réseau express métropolitain ("REM"). NouvLR is a consortium comprised of: Groupe Aecon Québec Ltée, Dragados Canada Inc., EBC Inc., Pomerleau Inc., and SNC-Lavalin Grands Projets Inc.
Feb 08, 2018 10:00 am ET
So Why Does the Union Care??
OTTAWA, Feb. 7, 2018 /CNW/ -The Aecon Group (Aecon) is an iconic Canadian construction firm that works across the country and has completed some of its biggest and most complex projects. It employs thousands of our members, in virtually every construction discipline. It is also subject to a friendly takeover by a much larger Chinese construction firm, CCCC International Holding Limited (CCCI).
Dec 22, 2017 09:38 am ET
Court Approves Aecon Plan of Arrangement
TORONTO, Dec. 22, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced Plan of Arrangement pursuant to which CCCC International Holding Limited (CCCI), will acquire all of the issued and outstanding common shares of Aecon (the "Arrangement").
Dec 21, 2017 07:16 am ET
Aecon partnership selected as preferred proponent for Site C generating station and spillways civil works contract
TORONTO, Dec. 21, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that a partnership between Aecon (30%), Dragados Canada, Inc. (27.5%), Flatiron Constructors Canada Limited (27.5%), and EBC Inc. (15%) has been selected as the preferred proponent by BC Hydro to move to the next procurement phase for the Site C generating station and spillways civil works contract in northeast British Columbia.
Dec 19, 2017 02:10 pm ET
Aecon shareholders approve plan of arrangement
TORONTO, Dec. 19, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) is pleased to announce that its shareholders voted today to approve the previously announced Plan of Arrangement pursuant to which CCCC International Holding Limited (CCCI) will acquire all of the issued and outstanding common shares of Aecon (the "Arrangement").
Dec 12, 2017 07:30 am ET
Bruce Power Contracts Major Industry Suppliers for Steam Generator Replacement Project
KINCARDINE, ON, Dec. 12, 2017 /CNW/ - A fully integrated joint venture formed among AECOM, Aecon and AREVA NP – the Steam Generator Replacement Team (SGRT) – today signed a contract valued at more than $130 million to replace steam generators at Unit 6 of the Bruce Nuclear Generating Station in Ontario, Canada.
Dec 08, 2017 09:19 am ET
Aecon provides update on proposed transaction with CCCI
TORONTO, Dec. 8, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today announced the receipt of two regulatory approvals in respect of the acquisition by CCCC International Holding Limited (CCCI) of all of the issued and outstanding common shares of Aecon for $20.37 per share in cash. The Commissioner of Competition has issued a "no action" letter in respect of the acquisition, the receipt of which satisfies the Competition Act approval requirement of the Arrangement Agreement. In addition, Aecon has been advised by CCCI that CCCI has received approval from the National Development and Reform Com
Nov 10, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Semi-Annual Review of the S&P/TSX Revenue Exposure Indices
Oct 26, 2017 07:01 am ET
Aecon reports third quarter 2017 results
TORONTO, Oct. 26, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2017.
Oct 26, 2017 07:00 am ET
Aecon Group Agrees To Be Acquired By CCCI For $20.37 Per Share
All-cash consideration of $20.37 per share; 42 per cent premium to unaffected share price1
Aecon gains access to new platforms and partnerships for continued growth in Canada and abroad; CCCI advances its global growth strategy
New growth and employment opportunities expected as Aecon gains significant capabilities and financial strength by joining the world's largest network of engineering and construction companies
Aecon will retain its name, continue to be Canada-headquartered and led by its Canadian management team
Aecon and CCCI share a strong commitment to maintaining customer servic
Aug 25, 2017 02:55 pm ET
IIROC Trade Resumption - ARE
TORONTO, Aug. 25, 2017 /CNW/ - Trading resumes in:
Aug 25, 2017 02:36 pm ET
Aecon Confirms It Has Engaged Financial Advisors to Explore a Potential Sale of the Company
TORONTO, Aug. 25, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent increase in the trading volume and price of the Company's common shares on the Toronto Stock Exchange.
Aug 25, 2017 12:33 pm ET
IIROC Trading Halt - ARE
TORONTO, Aug. 25, 2017 /CNW/ - The following issues have been halted by IIROC:
Jul 27, 2017 05:00 pm ET
Aecon reports second quarter 2017 results
TORONTO, July 27, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the second quarter of 2017.
Jun 30, 2017 10:30 am ET
Aecon announces results of vote for the election of directors
TORONTO, June 30, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated May 30, 2017 were elected as directors of Aecon Group Inc., to hold office until the next Annual Meeting of Shareholders or until their successors are appointed.
Jun 27, 2017 05:00 pm ET
Aecon schedules second quarter 2017 financial results and conference call
TORONTO, June 27, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2017 financial results on Thursday, July 27, 2017 after market close, and has scheduled a conference call for 9:30 a.m. (EST) on Friday, July 28, 2017.
May 08, 2017 05:00 pm ET
Aecon reports first quarter 2017 results
TORONTO, May 8, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the first quarter of 2017.
Apr 26, 2017 08:00 am ET
Aecon schedules first quarter 2017 financial results and conference call
TORONTO, April 26, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2017 financial results on Monday, May 8, 2017 after market close, and has scheduled a conference call for 9:30 a.m. (EST) on Tuesday, May 9, 2017.
Mar 16, 2017 08:00 am ET
Aecon achieves commercial and financial close on the Bermuda Airport Redevelopment Project
TORONTO, March 16, 2017 /CNW/ - Aecon Group Inc. (TSX:ARE) announced today that it has achieved commercial and financial close on the L.F. Wade International Airport Redevelopment Project in Bermuda (Bermuda Airport Project).
Mar 07, 2017 04:29 pm ET
Aecon reports 2016 results including record revenue of $3.2 billion and increase in annual dividend
TORONTO, March 7, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and full year 2016, concluding a year that saw revenue and new awards reach record levels while making solid progress in profitability on a like-for-like basis. Aecon's Board of Directors approved an increase in the annual dividend to 50 cents per share from 46 cents per share.
Jan 24, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Annual Review of the S&P/TSX Canadian Dividend Aristocrats Index
Jan 24, 2017 08:00 am ET
Aecon schedules year-end 2016 financial results and conference call
TORONTO, Jan. 24, 2017 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2016 financial results on Tuesday, March 7, 2017 after market close, and has scheduled a conference call for 10:30 a.m. (ET) on Wednesday, March 8, 2017.
Nov 15, 2016 07:00 am ET
Aecon awarded two recurring revenue contracts in Western Canada
TORONTO, Nov. 15, 2016 /CNW/ - Aecon Group Inc. (TSX:ARE) announced today that it has been awarded a Master Turnaround Agreement (MTA) by Spectra Energy and a Multiple Use Agreement (MUA) by a major oil producer in Alberta.
Nov 14, 2016 08:30 am ET
Terrance McKibbon steps down as President and CEO of Aecon
TORONTO, Nov. 14, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Terrance McKibbon is stepping down as President and Chief Executive Officer of Aecon.
Nov 01, 2016 06:00 pm ET
Aecon reports third quarter 2016 results
TORONTO, Nov. 1, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2016, including backlog of $4.6 billion.
Sep 21, 2016 08:00 am ET
Aecon schedules third quarter 2016 financial results and conference call
TORONTO, Sept. 21, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2016 financial results on Tuesday, November 1, 2016 after market close, and has scheduled a conference call for 10:00 a.m. (ET) on Wednesday, November 2, 2016.
Aug 03, 2016 05:00 pm ET
Aecon reports second quarter 2016 results including record backlog of $4.9 billion
TORONTO, Aug. 3, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the second quarter of 2016 which included strong growth in both revenue and like for like Adjusted EBITDA.
Jun 30, 2016 08:00 am ET
Aecon awarded two energy contracts by Union Gas and Spectra Energy
TORONTO, June 30, 2016 /CNW/ - Aecon Group Inc. (TSX:ARE) announced today that it has been awarded a $250 million contract by Union Gas Limited for work on its Dawn-Parkway Expansion Project in Ontario. Aecon was also awarded a four-year Master Service Agreement (MSA) contract with Spectra Energy Transmission (Spectra Energy) for pipeline facilities work in Western Canada.
Jun 27, 2016 08:00 am ET
Aecon awarded two energy contracts by Ontario Power Generation
TORONTO, June 27, 2016 /CNW/ - Aecon Group Inc. (TSX:ARE) announced today that an Aecon joint venture (JV) has been awarded two nuclear energy contracts by Ontario Power Generation (OPG) valued at $223 million for Aecon's share.
Jun 22, 2016 11:03 am ET
Aecon schedules second quarter 2016 financial results and conference call
TORONTO, June 22, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2016 financial results on Wednesday, August 3, 2016 after market close, and has scheduled a conference call for 10:00 a.m. (ET) on Thursday, August 4, 2016.
Jun 08, 2016 12:53 pm ET
Aecon announces results of vote for the election of directors
TORONTO, June 8, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated May 4, 2016 were elected as directors of Aecon Group Inc., to hold office until the next Annual Meeting of Shareholders or until their successors are appointed. The advisory resolution to accept management's approach to executive compensation as disclosed in the Corporation's Management Information Circular dated May 4, 2016 and the appointment of PricewaterhouseCoopers LLP as the auditors of the Corporation to hold office until the close of the next
Jun 07, 2016 03:00 pm ET
Aecon holds 2016 Annual General Meeting in Vancouver - Susan Wolburgh Jenah joins Aecon's Board of Directors
VANCOUVER, June 7, 2016 /CNW/ - John M. Beck, Executive Chairman of Aecon Group Inc. (TSX:ARE) was pleased to announce on behalf of the Board of Directors at Aecon's Annual General Meeting in Vancouver that Susan Wolburgh Jenah has been appointed to Aecon's Board of Directors effective immediately.
May 03, 2016 05:00 pm ET
Aecon reports first quarter 2016 results including record backlog of $4.6 billion
TORONTO, May 3, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the first quarter of 2016.
Apr 08, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Reviews of the S&P/TSX Composite Buyback Index and the S&P/TSX Composite Shareholder Yield Index
Mar 31, 2016 11:38 am ET
Aecon schedules first quarter 2016 financial results and conference call
TORONTO, March 31, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2016 financial results on Tuesday, May 3, 2016 after market close, and has scheduled a conference call for 10:30 a.m. (ET) on Wednesday, May 4, 2016.
Mar 01, 2016 05:00 pm ET
Aecon reports 2015 results including record year-end backlog of $3.3 billion and increase in annual dividend
TORONTO, March 1, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and full year 2015, concluding a year that saw progress on revenue and margin performance, successful completion of the sale of Aecon's interest in the Quito airport, and record year-end backlog of $3.3 billion as at December 31, 2015. Aecon's Board of Directors approved an increase in the annual dividend to 46 cents per share from 40 cents per share.
Jan 21, 2016 08:00 am ET
Aecon schedules year-end 2015 financial results and conference call
TORONTO, Jan. 21, 2016 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2015 financial results on Tuesday, March 1, 2016 after market close, and has scheduled a conference call for 10:30 a.m. (ET) on Wednesday, March 2, 2016.
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