After Canadian issuers buy back their shares in any given month, they have until the 10th day of the following month to file their buybacks in SEDI. At INK, we go through the filings after the deadline and compile a list of the top 100 issuers with buybacks for the previous month.
TD Bank had the most share buybacks in April
Below we present the top 5 from the April top 100 list.
The top 5 issuers with buybacks by dollar amount ('000) for April (link to the full 100 list below)
1. The Toronto-Dominion Bank (TD) Banks $429,080
2. Canadian National Railway (CNR) Ground Freight & Logistics $356,236
3. Alimentation Couche-Tard (ATD) Gasoline Stations $335,925
4. Cdn Natural Resource Ltd (CNQ) Integrated Oil & Gas $295,460
5. Cenovus Energy ( CVE) Integrated Oil & Gas $259,973
We include the full top 100 issuers with buybacks in our weekly workbook that we generate for INK and Canadian Insider Club members every Saturday. The workbook includes the top 30 INK Edge up and down movers for the week and plus the outlook rankings of all stocks in our Canadian universe. Club members can download the workbook each weekend from the #stock_ideas channel in our community INK Chat workspace.
The link to the May 11th workbook is here. The workspace requires a separate log in as it is shared with INK Research members. If you are a Club member and are not registered for INK Chat, let us know via the green or blue service chat available on most pages after logging into Canadian Insider. If you are not a member yet, join us today and we will send you INK Chat credentials.
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