Rail News Home Canadian Pacific 5/10/2022 Rail News: Canadian Pacific
Canadian Pacific today announced it has received notice of an unsolicited mini-tender offer from TRC Capital Investment Corp. to purchase up to 1.5 million common shares of CP, representing approximately 0.16% of the outstanding shares of common stock at a price of CA$88.50 per share.CP does not endorse this unsolicited offer, and advised CP shareholders that the offer has been made at a price of 4.37% and 4.49%, respectively, below market price as of CP's closing price on the Toronto Stock Exchange and the New York Stock Exchange on May 2, the date of the offer, CP officials said in a press release.CP has no association with TRC Capital or its offer, and recommends that shareholders do not tender their CP shares to the offeror, they said.
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Rail News Home Canadian Pacific 5/6/2022 Rail News: Canadian Pacific
Canadian Pacific today published its 2021 corporate sustainability data supplement.The 2021 data builds on the company’s 2020 corporate sustainability report by outlining sustainability metrics and performance in the areas of safety, operational excellence and social impact, CP officials said in a press release."Measuring and reporting on our sustainability performance is a critical part of our culture of continuous improvement, enabling CP and our stakeholders to evaluate performance and assess opportunities to further our sustainability objectives," said CP President and CEO Keith Creel.CP's sustainability disclosures are prepared in alignment with the GRI Standards and the SASB-Rail Transportation Framework. CP has also expanded its sustainability disclosure to include reporting aligned with the recommendations from the Task Force on Climate-related Financial Disclosure and the company's contributions toward the United Nations' Sustainable Development Goals.The supplement can be read here.
Canadian Pacific today published its 2021 corporate sustainability data supplement.The 2021 data builds on the company’s 2020 corporate sustainability report by outlining sustainability metrics and performance in the areas of safety, operational excellence and social impact, CP officials said in a press release."Measuring and reporting on our sustainability performance is a critical part of our culture of continuous improvement, enabling CP and our stakeholders to evaluate performance and assess opportunities to further our sustainability objectives," said CP President and CEO Keith Creel.CP's sustainability disclosures are prepared in alignment with the GRI Standards and the SASB-Rail Transportation Framework. CP has also expanded its sustainability disclosure to include reporting aligned with the recommendations from the Task Force on Climate-related Financial Disclosure and the company's contributions toward the United Nations' Sustainable Development Goals.The supplement can be read here.