Aimia Announces Q1 Earnings Highlights Including Bozzetto Sale Progress
Aimia Inc. reported first-quarter earnings, highlighting progress on the planned sale of its specialty chemicals business, Bozzetto, expected to close by May's end with CAD 267 million in net proceeds. The company plans to use these funds for debt repayment and new investments while also renewing a share repurchase program.
Topics: capital allocation debt repayment divestiture share buybacks