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Cargojet Inc (CJT.TO)

CJT.TO on Toronto Stock Exchange

188.28CAD
24 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Cargojet Announces $600 Million Revolving Credit Facility
Monday, 20 Jul 2020 

July 20 (Reuters) - Cargojet Inc ::CARGOJET ANNOUNCES $600 MILLION REVOLVING CREDIT FACILITY.CARGOJET INC - AMENDED SYNDICATED COMMITTED REVOLVING CREDIT FACILITY TO INCREASE REVOLVING CREDIT LIMIT FROM $510 TO $600 MILLION.CARGOJET INC - AMENDMENT EXTENDS REVOLVING CREDIT FACILITY'S MATURITY DATE TO JULY 16, 2025.  Full Article

Cargojet Announces Strategic Agreement With Amazon To Provide Air-Transportation Services
Friday, 23 Aug 2019 

Cargojet Inc ::CARGOJET ANNOUNCES STRATEGIC AGREEMENT WITH AMAZON TO PROVIDE AIR-TRANSPORTATION SERVICES.CARGOJET INC - EXPECTS AGREEMENT TO GENERATE ADDITIONAL REVENUE GROWTH AND BE MEANINGFULLY ACCRETIVE TO CARGOJET'S EARNINGS AND CASH FLOWS OVER TIME.CARGOJET INC - CARGOJET WILL ISSUE WARRANTS TO AMAZON IN TWO TRANCHES.CARGOJET INC - FIRST TRANCHE OF WARRANTS WILL VEST OVER A PERIOD OF SIX AND A HALF YEARS.CARGOJET - FIRST TRANCHE OF WARRANTS ALLOWS AMAZON TO BUY UP TO 9.9% OF CARGOJET'S VARIABLE VOTING SHARES AT AN EXERCISE PRICE OF $91.78 PER SHARE.CARGOJET INC - AMAZON WILL ALSO RECEIVE ADDITIONAL WARRANTS TO ACQUIRE UP TO AN ADDITIONAL 5 PERCENT OF CARGOJET'S VARIABLE VOTING SHARES.CARGOJET INC - FIRST TRANCHE OF WARRANTS WILL VEST OVER A PERIOD OF SIX AND A HALF YEARS.CARGOJET - VESTING OF FIRST TRANCHE TIED TO DELIVERY BY AMAZON OF UP TO C$400 MILLION IN BUSINESS VOLUMES DURING SIX AND A HALF YEARS.CARGOJET INC - ENTERED INTO A NEW STRATEGIC AGREEMENT WITH AMAZON.COM NV INVESTMENT HOLDINGS LLC, AN AFFILIATE OF AMAZON.COM.CA, INC.CARGOJET INC - CARGOJET WILL ISSUE WARRANTS TO AMAZON TO PURCHASE VARIABLE VOTING SHARES THAT WILL VEST BASED ON ACHIEVEMENT OF COMMERCIAL MILESTONES.CARGOJET - ADDITIONAL VESTING TIED TO DELIVERY BY AMAZON OF UP TO ADDITIONAL C$200 MILLION IN BUSINESS VOLUMES AFTER FIRST TRANCHE OF WARRANTS IS VESTED.  Full Article

Cargojet Increases Quarterly Dividend By 10.4%
Friday, 1 Mar 2019 

Cargojet Inc ::REASES QUARTERLY DIVIDEND BY 10.4%.INCREASES QUARTERLY CASH DIVIDEND BY 10.4 PERCENT TO C$0.234PER SHARE.DECLARED A CASH DIVIDEND OF $0.2340 PER COMMON VOTING SHARE AND VARIABLE VOTING SHARE FOR PERIOD FROM JANUARY 1, 2019 TO MARCH 31, 2019.  Full Article

Cargojet Announces Acquisition At Mirabel Airport
Wednesday, 6 Feb 2019 

Cargojet Inc ::CARGOJET ANNOUNCES ACQUISITION AT MIRABEL AIRPORT.CARGOJET INC - PURCHASED A GROUND HANDLING AND GSE COMPANY AT MIRABEL INTERNATIONAL AIRPORT IN QUÉBEC FOR APPROXIMATELY $3.0 MILLION.  Full Article

Cargojet Q3 Revenue Rises 27.6 Percent To C$114.1 Million
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Cargojet Inc ::CARGOJET ANNOUNCES CONTINUED STRONG THIRD QUARTER RESULTS.Q3 REVENUE ROSE 27.6 PERCENT TO C$114.1 MILLION.  Full Article

PRESS DIGEST- Canada- April 24

April 24 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.