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Aimia Inc (AIM.TO)

AIM.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Aimia Q4 Earnings Per Share C$0.20 From Cont Ops
Tuesday, 25 Feb 2020 

Feb 25 (Reuters) - Aimia Inc ::AIMIA REPORTS FOURTH QUARTER 2019 RESULTS.Q4 EARNINGS PER SHARE C$0.20 FROM CONTINUING OPERATIONS.SAYS QTRLY TOTAL REVENUE FROM CONT OPS $35.0 MLN VS $36.8 MLN.  Full Article

Credit Suisse Securities Canada Says Acquired About 3 Mln Common Shares Of Aimia
Saturday, 28 Dec 2019 

Dec 27 (Reuters) - Aimia Inc ::ACQUISITION OF COMMON SHARES OF AIMIA INC..CREDIT SUISSE SECURITIES CANADA - ACQUIRED 2,990,630 COMMON SHARES IN CAPITAL OF AIMIA ON DEC 23.CREDIT SUISSE SECURITIES CANADA - FOLLOWING ACQUISITION OF SHARES, CO HELD ABOUT 6.05% OF ISSUED & OUTSTANDING COMMON SHARES OF AIMIA.  Full Article

Aimia Announces Comprehensive Settlement Of Shareholder Litigation And Related Matters
Monday, 18 Nov 2019 

Nov 18 (Reuters) - Aimia Inc ::AIMIA ANNOUNCES COMPREHENSIVE SETTLEMENT OF SHAREHOLDER LITIGATION AND RELATED MATTERS.AIMIA INC - PENDING LEGAL PROCEEDINGS TERMINATED AND SPECIAL MEETING OF SHAREHOLDERS CANCELLED.AIMIA INC - CONCURRENT SUBSTANTIAL ISSUER BIDS TO RETURN UP TO $125 MILLION TO PREFERRED AND COMMON SHAREHOLDERS.AIMIA INC - PROCESS ESTABLISHED TO RECONSTITUTE BOARD.AIMIA INC - UNDER TERMS OF AGREEMENT, PARTIES HAVE AGREED TO A GOVERNANCE PROCESS WITH A VIEW TO RECONSTITUTING BOARD NO LATER THAN FEBRUARY 28, 2020.AIMIA INC - BOARD ALSO UNANIMOUSLY APPROVED AN ADDITIONAL & SIGNIFICANT VOLUNTARY SHARE REPURCHASE.AIMIA INC - ENTERED INTO SETTLEMENT AGREEMENT WITH MITTLEMAN BROTHERS LLC, MITTLEMAN INVESTMENT MANAGEMENT LLC & WITH CHARLES FRISCHER.AIMIA INC - IN CONNECTION WITH AGREEMENT, BOARD HAS FORMED A NEW COMMITTEE OF INDEPENDENT DIRECTORS.AIMIA INC - AD HOC NOMINATING COMMITTEE COMPOSED OF 3 OF EXISTING MEMBERS OF AIMIA'S GOVERNANCE AND NOMINATING COMMITTEE AS WELL AS PHILIP MITTLEMAN.AIMIA INC - IN ADDITION TO PHILIP MITTLEMAN REMAINING ON BOARD, MITTLEMAN HAS RIGHT TO NOMINATE 2 INDIVIDUALS FOR ELECTION AS DIRECTORS.AIMIA - NOMINATING COMMITTEE TO IDENTIFY, DIRECTOR NOMINEES FOR NOMINATING 6 NEW NON-MANAGEMENT DIRECTORS, INCLUDING 2 NEW INDEPENDENT DIRECTORS.AIMIA INC - MITTLEMAN HAS ALREADY DESIGNATED CHARLES FRISCHER AS ONE OF MITTLEMAN NOMINEES.  Full Article

Aimia Reports Q3 Earnings Per Share Of C$0.11 From Continuing Operations
Tuesday, 29 Oct 2019 

Oct 28 (Reuters) - Aimia Inc ::AIMIA REPORTS THIRD QUARTER 2019 RESULTS.Q3 EARNINGS PER SHARE C$0.11 FROM CONTINUING OPERATIONS.QTRLY TOTAL REVENUE FROM CONTINUING OPERATIONS $33.3 MILLION, DOWN 21.6%."REMAIN ON TRACK TO DELIVER PROFITABILITY AND SUBSTANTIALLY IMPROVING FREE CASH FLOW DURING 2020".TOTAL PLM DISTRIBUTIONS FOR FULL YEAR 2019 ARE EXPECTED TO BE ABOUT $35 MILLION, COMPARED TO $17.9 MILLION IN 2018.SOLD ITS ENTIRE STAKE IN CARDLYTICS (INCLUDING 1.3 MILLION SHARES SOLD AFTER SEPTEMBER 30) FOR NET PROCEEDS OF $131.5 MILLION.  Full Article

Aimia Q2 Earnings Per Share C$0.14 From Continuing Operations
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Aimia Inc ::AIMIA REPORTS SECOND QUARTER 2019 RESULTS.Q2 EARNINGS PER SHARE C$0.14 FROM CONTINUING OPERATIONS.QTRLY TOTAL REVENUE C$31.0 MILLION VERSUS C$42.8 MILLION.QTRLY TOTAL REVENUE $31.0 MILLION VERSUS $42.8 MILLION.  Full Article

Aimia Realigns Board With New Strategic Direction
Wednesday, 29 May 2019 

May 29 (Reuters) - Aimia Inc ::AIMIA REALIGNS BOARD WITH NEW STRATEGIC DIRECTION.AIMIA INC - SIGNIFICANT REDUCTION IN BOARD SIZE AS PART OF ONGOING BOARD RENEWAL.AIMIA INC - SIGNIFICANT REDUCTION IN BOARD SIZE AS PART OF ONGOING BOARD RENEWAL.AIMIA INC - NEW INDEPENDENT DIRECTOR NOMINATED.AIMIA INC - BOARD IS EXPECTED TO BE COMPRISED OF SIX DIRECTORS FOLLOWING MEETING.  Full Article

Credit Suisse Securities (Canada) Acquires Common Shares Of Aimia
Thursday, 16 May 2019 

May 15 (Reuters) - Credit Suisse Securities (Canada) Inc::CREDIT SUISSE SECURITIES (CANADA), INC. ACQUISITION OF COMMON SHARES OF AIMIA INC..CREDIT SUISSE SECURITIES (CANADA) INC - ACQUIRED 266,000 COMMON SHARES IN CAPITAL OF AIMIA INC ON MAY 13.CREDIT SUISSE SECURITIES (CANADA) - IMMEDIATELY FOLLOWING ACQUISITION ON MAY 13, CO HELD ABOUT 7.49% OF ISSUED & OUTSTANDING COMMON SHARES OF AIMIA.  Full Article

Aimia Q1 Earnings Per Share C$6.85
Tuesday, 14 May 2019 

May 14 (Reuters) - Aimia Inc ::AIMIA REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE C$6.85.QTRLY TOTAL REVENUE $34.7 MILLION VERSUS $45.0 MILLION.AIMIA - TOTAL HEADCOUNT WAS 590 AT MARCH 31, 2019, DOWN FROM 890 AT MARCH 31, 2018, AS A RESULT OF BUSINESS DISPOSALS AND ONGOING TRANSFORMATION.  Full Article

Aimia Announces New Strategy As Consolidator In Loyalty And Travel
Thursday, 28 Mar 2019 

March 28 (Reuters) - Aimia Inc ::AIMIA ANNOUNCES NEW STRATEGY AS CONSOLIDATOR IN LOYALTY AND TRAVEL.AIMIA INC - ANNOUNCES BOARD APPROVAL OF SUBSTANTIAL ISSUER BID TO REPURCHASE UP TO $150 MILLION OF ITS OUTSTANDING COMMON SHARES.AIMIA INC - INTENDS TO PURSUE INITIAL BOLT-ON, EBITDA-ACCRETIVE ACQUISITIONS IN LOYALTY SOLUTIONS SPACE.AIMIA INC - TARGETING A LIMITED NUMBER OF ADDITIONAL SUB-SECTORS WITHIN LOYALTY OR TRAVEL FOR CONSOLIDATION.AIMIA INC - WILLIAM MCEWAN ASSUMES ROLE OF CHAIRMAN OF BOARD OF DIRECTORS.AIMIA INC - STEVEN LEONARD APPOINTED CHIEF FINANCIAL OFFICER.AIMIA - CHAIRMAN ROBERT BROWN INFORMED CO OF HIS DECISION TO RETIRE FROM BOARD.AIMIA INC - MARK GRAFTON, CURRENTLY CHIEF FINANCIAL OFFICER, WILL BE LEAVING COMPANY.AIMIA INC - OPERATING EXPENSE EXPECTED TO REDUCE FURTHER IN 2019 AS RESULT OF INITIATIVES CURRENTLY UNDERWAY TO STREAMLINE CO'S OPERATING SYSTEMS.AIMIA INC - CO EXPECTS TO FORMALLY COMMENCE SIB BY MID-APRIL 2019 WITH EXPIRY DATE OCCURRING BEFORE END OF MAY 2019.AIMIA - INTENDS TO RECOMMEND REDUCTION IN SIZE OF BOARD.AIMIA INC - EXPECTS TO FORMALLY COMMENCE SIB BY MID-APRIL 2019 WITH AN EXPIRY DATE OCCURRING BEFORE END OF MAY 2019.AIMIA INC - OPERATING EXPENSE IS EXPECTED TO REDUCE FURTHER IN 2019.  Full Article

Aimia QTRLY Loss Per Share From Continuing Operations $0.98
Thursday, 28 Mar 2019 

March 28 (Reuters) - Aimia Inc ::AIMIA REPORTS FOURTH QUARTER 2018 RESULTS.SAYS CUTTING WORKFORCE BY ABOUT 25 PERCENT.TOTAL AIMIA HEADCOUNT SHOULD REDUCE BY APPROXIMATELY 25% TO AROUND 550 BY END OF 2019.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.98.QTRLY ADJUSTED LOSS PER SHARE FROM CONTINUING OPERATIONS $0.51.AIMIA - QTRLY TOTAL REVENUE FROM CONTINUING OPERATIONS $36.8 MILLION VERSUS $47.3 MILLION.QTRLY GROSS BILLINGS WERE $52.4 MILLION, DOWN 3.0%.TOTAL HEADCOUNT WAS 1,486 AT DECEMBER 31, 2018, DOWN BY AROUND 25% COMPARED TO DECEMBER 31, 2017.AIMIA - AFTER ACCOUNTING FOR TRANSFER OF EMPLOYEES TO AIR CANADA, CO'S EMPLOYEE HEADCOUNT STOOD AT ABOUT 750 & SINCE FURTHER REDUCED TO ABOUT 640 AT FEB-END.  Full Article