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Bell Textron Canada Celebrates its 6,000th Helicopter Built at Mirabel Facility Français

Bell Textron Canada Celebrates its 6,000th Helicopter Built at Mirabel Facility Français

Cision Canada12-05-2025
The milestone delivery will include two SUBARU Bell 412EPXs to the Ministère des Transports et de la Mobilité durable for operations by the Sûreté du Québec
MIRABEL, QC, May 12, 2025 /CNW/ - Bell Textron Canada Limited, a Textron Inc. (NYSE: TXT) company, announces the completion of its 6,000 th commercial aircraft at Commercial Delivery and Assembly Centre in Mirabel, Quebec, Canada with two SUBARU Bell 412EPXs for operations by the Sûreté du Québec. Bell will deliver the aircraft to the Ministère des Transports et de la Mobilité durable, which manages a fleet of aircraft through the Service Aérien Gouvernemental (SAG). This milestone marks a significant achievement in the nearly 40-year history of Bell Textron Canada in Quebec.
"Our 6,000 th helicopter built in Canada demonstrates our commitment to manufacturing helicopters capable of performing the most critical missions, as well as our dedication to contributing to Quebec's economy. It is therefore a strong symbol that this aircraft wears the colors of the Sûreté du Québec," said Michael Nault, General Manager of Bell Textron Canada.
"For nearly 40 years, Bell Textron Canada has been a pillar of our regional economy. The company showcases Quebec's expertise far beyond our borders, while creating quality jobs and sustainable benefits here in the Laurentians. This 6,000 th helicopter is much more than a number. It is a symbol of Quebec's know-how, a shared ambition, and an unwavering commitment to the safety of Quebec," said Ms. Sonia Bélanger, Minister responsible for Seniors, Minister Delegate for Health, and Minister responsible for the Laurentians region.
The Ministère des Transports et de la Mobilité durable, through the SAG adds two SUBARU Bell 412EPXs aircraft to its fleet and make them available to the Sûreté du Québec to support their critical missions. "For the Sûreté du Québec, the new helicopters are essential to fulfilling our mission. Our police helicopter services, including search and rescue, are offered throughout Quebec thanks to our valuable partnership with the Ministère des Transports et de la Mobilité durable, particularly with the General Directorate of the SAG. In 2024, our helicopters carried out 116 missions," said Madame Liette Abel Normandin, Senior Director of Strategy and Institutional Affairs and member of the Sûreté du Québec's senior management team.
Since the 1960s, the Ministère des Transports et de la Mobilité Durable, through the SAG, has relied on Bell helicopters. The fleet used for the Sûreté du Québec's mission plays a vital role in public safety across Quebec. The SUBARU Bell 412EPX is equipped with state-of-the-art technology and features that will enhance performance and operational capabilities in the Sûreté du Québec's operations, including search and rescue missions across forest and mountainous terrain, crew and equipment transport, flood evacuation, aerial surveillance, and tactical operations.
The celebrations took place at Bell Textron Canada's Mirabel facility, where employees and dignitaries gathered to commemorate the historic event. As the only Canadian helicopter manufacturer, Bell Textron Canada continues to set the standard for excellence in the aviation industry, and the delivery of the 6,000 th helicopter is a testament to the talent and dedication of the talented team delivering Bell commercial aircraft.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
Bell Textron Canada Ltd. (BTCL) opened the doors of its Commercial Centre of Excellence in Mirabel, Quebec in 1986 and is dedicated to building rotorcraft capacities in Canada and delivering an exceptional customer experience and superior service and support for customers around the globe. Represented by more than 1,600 employees and 550 suppliers based from coast to coast to coast, BTCL has built and delivered 6,000 aircraft, with 1,000 provided to Canadian operators. Bell's Canadian Supply Centre located in Calgary ensures part security for Canadian operators including the Canadian Armed Forces, Transport Canada and the Canadian Coast Guard.
SOURCE Bell Textron Canada Ltd.
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Medtronic reports first quarter fiscal 2026 financial results
Medtronic reports first quarter fiscal 2026 financial results

Cision Canada

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Medtronic reports first quarter fiscal 2026 financial results

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This webcast can be accessed by clicking on the Quarterly Earnings icon at and this earnings release will be archived at Within 24 hours of the webcast, a replay of the webcast and transcript of the company's prepared remarks will be available by clicking on the Past Events and Presentations link under the News & Events drop-down at Financial Schedules and Earnings Presentation The first quarter financial schedules and non-GAAP reconciliations can be viewed by clicking on the Quarterly Earnings link at To view a printable PDF of the financial schedules and non-GAAP reconciliations, click here. To view the first quarter earnings presentation, click here. About Medtronic Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE: MDT), visit and follow on LinkedIn. FORWARD LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties, including risks related to competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of medical products, government regulation, geopolitical conflicts, changing global trade policies, material acquisition and divestiture transactions, general economic conditions, and other risks and uncertainties described in the company's periodic reports on file with the U.S. Securities and Exchange Commission including the most recent Annual Report on Form 10-K of the company. In some cases, you can identify these statements by forward-looking words or expressions, such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "looking ahead," "may," "plan," "possible," "potential," "project," "should," "going to," "will," and similar words or expressions, the negative or plural of such words or expressions and other comparable terminology. Actual results may differ materially from anticipated results. Medtronic does not undertake to update its forward-looking statements or any of the information contained in this press release, including to reflect future events or circumstances. NON-GAAP FINANCIAL MEASURES This press release contains financial measures, including adjusted net income, adjusted diluted EPS, and organic revenue, which are considered "non-GAAP" financial measures under applicable SEC rules and regulations. References to quarterly or annual figures increasing, decreasing or remaining flat are in comparison to fiscal year 2025, and references to sequential changes are in comparison to the prior fiscal quarter. Unless stated otherwise, quarterly and annual rates and ranges are given on an organic basis. Medtronic management believes that non-GAAP financial measures provide information useful to investors in understanding the company's underlying operational performance and trends and to facilitate comparisons with the performance of other companies in the med tech industry. Non-GAAP net income and diluted EPS exclude the effect of certain charges or gains that contribute to or reduce earnings but that result from transactions or events that management believes may or may not recur with similar materiality or impact to operations in future periods (Non-GAAP Adjustments). Medtronic generally uses non-GAAP financial measures to facilitate management's review of the operational performance of the company and as a basis for strategic planning. Non-GAAP financial measures should be considered supplemental to and not a substitute for financial information prepared in accordance with U.S. generally accepted accounting principles (GAAP), and investors are cautioned that Medtronic may calculate non-GAAP financial measures in a way that is different from other companies. Management strongly encourages investors to review the company's consolidated financial statements and publicly filed reports in their entirety. Reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the financial schedules accompanying this press release. Medtronic calculates forward-looking non-GAAP financial measures based on internal forecasts that omit certain amounts that would be included in GAAP financial measures. For instance, forward-looking organic revenue growth guidance excludes the impact of foreign currency fluctuations, as well as significant acquisitions, divestitures, or other significant discrete items. Forward-looking diluted non-GAAP EPS guidance also excludes other potential charges or gains that would be recorded as Non-GAAP Adjustments to earnings during the fiscal year. Medtronic does not attempt to provide reconciliations of forward-looking non-GAAP EPS guidance to projected GAAP EPS guidance because the combined impact and timing of recognition of these potential charges or gains is inherently uncertain and difficult to predict and is unavailable without unreasonable efforts. In addition, the company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. Such items could have a substantial impact on GAAP measures of financial performance. Contacts: Erika Winkels Public Relations +1-763-526-8478 Ryan Weispfenning Investor Relations +1-763-505-4626 MEDTRONIC PLC WORLD WIDE REVENUE (1) (Unaudited) FIRST QUARTER REPORTED ORGANIC (in millions) FY26 FY25 Growth Currency Impact (4) FY26 (5) FY25 (5) Growth Cardiovascular $ 3,285 $ 3,007 9.3 % $ 68 $ 3,217 $ 3,007 7.0 % Cardiac Rhythm & Heart Failure 1,712 1,535 11.5 37 1,676 1,535 9.1 Structural Heart & Aortic 930 856 8.7 22 908 856 6.1 Coronary & Peripheral Vascular 643 616 4.5 10 633 616 2.9 Neuroscience 2,416 2,317 4.3 27 2,389 2,317 3.1 Cranial & Spinal Technologies 1,211 1,147 5.5 12 1,199 1,147 4.5 Specialty Therapies 702 713 (1.5) 9 694 713 (2.7) Neuromodulation 504 457 10.2 7 496 457 8.6 Medical Surgical 2,083 1,996 4.4 40 2,044 1,996 2.4 Surgical & Endoscopy 1,612 1,544 4.4 32 1,580 1,544 2.3 Acute Care & Monitoring 471 452 4.3 8 464 452 2.6 Diabetes 721 647 11.5 23 698 647 7.9 Total Reportable Segments 8,506 7,967 6.8 159 8,347 7,967 4.8 Other (2) 72 (52) NM (3) 3 — — — TOTAL $ 8,578 $ 7,915 8.4 % $ 162 $ 8,347 $ 7,967 4.8 % (1) The data in this schedule has been intentionally rounded to the nearest million and, therefore, may not sum. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. (2) Includes the historical operations and ongoing transition agreements from businesses the Company has exited or divested and adjustments to the Company's Italian payback accruals resulting from the two July 22, 2024 rulings by the Constitutional Court and the Legislative Decree published by the Italian government on June 30, 2025 for certain prior years since 2015. (3) Not meaningful (NM) (4) The currency impact to revenue measures the change in revenue between current and prior year periods using constant exchange rates. (5) The three months ended July 25, 2025 includes $231 million of revenue adjustments, including $33 million of inorganic revenue for the transition activity noted in (2), $39 million reduction in the Italian payback accruals due to changes in estimates further described in note (2), and $159 million of favorable currency impact on the remaining segments. The three months ended July 26, 2024 excludes $52 million of revenue adjustments related to $90 million of incremental Italian payback accruals further described in note (2) and $38 million of inorganic revenue related to the transition activity noted in (2). (1) U.S. includes the United States and U.S. territories. (2) The data in this schedule has been intentionally rounded to the nearest million and, therefore, may not sum. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. (3) Includes historical operations and ongoing transition agreements from businesses the Company has exited or divested. MEDTRONIC PLC INTERNATIONAL REVENUE (1) (Unaudited) FIRST QUARTER REPORTED ORGANIC (in millions) FY26 FY25 Growth Currency Impact (4) FY26 (5) FY25 (5) Growth Cardiovascular $ 1,806 $ 1,604 12.6 % $ 68 $ 1,737 $ 1,604 8.3 % Cardiac Rhythm & Heart Failure 878 769 14.2 37 842 769 9.4 Structural Heart & Aortic 558 487 14.6 22 536 487 10.1 Coronary & Peripheral Vascular 369 347 6.3 10 359 347 3.4 Neuroscience 792 752 5.4 27 765 752 1.7 Cranial & Spinal Technologies 320 292 9.7 12 309 292 5.7 Specialty Therapies 309 314 (1.7) 9 301 314 (4.4) Neuromodulation 163 146 11.9 7 156 146 6.9 Medical Surgical 1,199 1,115 7.5 40 1,159 1,115 4.0 Surgical & Endoscopy 990 915 8.3 32 958 915 4.8 Acute Care & Monitoring 209 200 4.1 8 201 200 0.2 Diabetes 504 432 16.7 23 481 432 11.4 Total Reportable Segments 4,301 3,903 10.2 159 4,142 3,903 6.1 Other (2) 53 (70) NM (3) 3 — — — TOTAL $ 4,354 $ 3,832 13.6 % $ 162 $ 4,142 $ 3,903 6.1 % (1) The data in this schedule has been intentionally rounded to the nearest million and, therefore, may not sum. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. (2) Includes the historical operations and ongoing transition agreements from businesses the Company has exited or divested and adjustments to the Company's Italian payback accruals resulting from the two July 22, 2024 rulings by the Constitutional Court and the Legislative Decree published by the Italian government on June 30, 2025 for certain prior years since 2015. (3) Not meaningful (NM) (4) The currency impact to revenue measures the change in revenue between current and prior year periods using constant exchange rates. (5) The three months ended July 25, 2025 includes $212 million of revenue adjustments, including $14 million of inorganic revenue for the transition activity noted in (2), $39 million reduction in the Italian payback accruals due to changes in estimates further described in note (2), and $159 million of favorable currency impact on the remaining segments. The three months ended July 26, 2024 excludes $70 million of revenue adjustments related to $90 million of incremental Italian payback accruals further described in note (2) and $19 million of inorganic revenue related to the transition activity noted in (2). The data in the schedule above has been intentionally rounded to the nearest million. MEDTRONIC PLC GAAP TO NON-GAAP RECONCILIATIONS (1) (Unaudited) Three months ended July 25, 2025 (in millions, except per share data) Net Sales Cost of Products Sold Gross Margin Percent Operating Profit Operating Profit Percent Income Before Income Taxes Net Income attributable to Medtronic Diluted EPS Effective Tax Rate GAAP $ 8,578 $ 3,001 65.0 % $ 1,445 16.8 % $ 1,302 $ 1,040 $ 0.81 19.6 % Non-GAAP Adjustments: Amortization of intangible assets (2) — — — 459 5.5 459 374 0.29 18.5 Restructuring and associated costs (3) — (16) 0.1 67 0.8 67 51 0.04 22.4 Acquisition and divestiture-related items (4) — (7) — 58 0.7 58 48 0.04 17.2 Certain litigation charges, net — — — 27 0.3 27 21 0.02 22.2 (Gain)/loss on minority investments (5) — — — — — 113 107 0.08 6.2 Other (6) (39) — (0.2) (39) (0.5) (39) (30) (0.02) 20.5 Certain tax adjustments, net — — — — — — 16 0.01 — Non-GAAP $ 8,539 $ 2,979 65.1 % $ 2,016 23.6 % $ 1,987 $ 1,626 $ 1.26 17.8 % Currency impact (159) (46) (0.1) (10) 0.3 — Currency Adjusted $ 8,380 $ 2,933 65.0 % $ 2,006 23.9 % $ 1.26 Three months ended July 26, 2024 (in millions, except per share data) Net Sales Cost of Products Sold Gross Margin Percent Operating Profit Operating Profit Percent Income Before Income Taxes Net Income attributable to Medtronic Diluted EPS Effective Tax Rate GAAP $ 7,915 $ 2,761 65.1 % $ 1,278 16.1 % $ 1,268 $ 1,042 $ 0.80 17.4 % Non-GAAP Adjustments: Amortization of intangible assets — — — 414 5.1 414 340 0.26 18.1 Restructuring and associated costs (3) — (9) 0.1 62 0.8 62 51 0.04 19.4 Acquisition and divestiture-related items (4) — (10) 0.1 12 0.1 12 11 0.01 8.3 Certain litigation charges, net — — — 81 1.0 81 68 0.05 16.0 (Gain)/loss on minority investments (5) — — — — — (17) (17) (0.01) — Medical device regulations (7) — (11) 0.1 14 0.2 14 11 0.01 21.4 Other (6) 90 — 0.6 90 1.1 90 70 0.05 22.2 Certain tax adjustments, net — — — — — — 17 0.01 — Non-GAAP $ 8,004 $ 2,730 65.9 % $ 1,953 24.4 % $ 1,925 $ 1,592 $ 1.23 17.0 % See description of non-GAAP financial measures contained in the press release dated August 19, 2025. (1) The data in this schedule has been intentionally rounded to the nearest million or $0.01 for EPS figures, and, therefore, may not sum. (2) The Company recognized $45 million of accelerated amortization on certain intangible assets within the Cardiovascular Portfolio. (3) The charges primarily relate to employee termination benefits and facility related and contract termination costs. (4) The charges primarily include business combination costs, changes in fair value of contingent consideration, and exit of business-related charges. For the three months ended July 25, 2025, exit of business-related charges primarily relate to the impending separation of the Diabetes business and costs associated with the Company's June 2021 decision to stop the distribution and sale of the Medtronic HVAD System. (5) We exclude unrealized and realized gains and losses on our minority investments as we do not believe that these components of income or expense have a direct correlation to our ongoing or future business operations. (6) Reflects adjustments to the Company's Italian payback accruals resulting from the two July 22, 2024 rulings by the Constitutional Court and the Legislative Decree published by the Italian government on June 30, 2025 for certain prior years since 2015. (7) The charges represent incremental costs of complying with the new European Union (E.U.) medical device regulations for previously registered products and primarily include charges for contractors supporting the project and other direct third-party expenses. We consider these costs to be duplicative of previously incurred costs and/or one-time costs. See description of non-GAAP financial measures contained in the press release dated August 19, 2025. (1) The data in this schedule has been intentionally rounded to the nearest million, and, therefore, may not sum. (2) The charges primarily relate to employee termination benefits and facility related and contract termination costs. (3) The charges primarily include changes in fair value of contingent consideration and exit of business-related charges, which primarily relate to the impending separation of the Diabetes business and costs associated with the Company's June 2021 decision to stop the distribution and sale of the Medtronic HVAD System. (4) Reflects adjustments to the Company's Italian payback accruals resulting from the Legislative Decree published by the Italian government on June 30, 2025 for certain prior years since 2015. (5) We exclude unrealized and realized gains and losses on our minority investments as we do not believe that these components of income or expense have a direct correlation to our ongoing or future business operations. (Unaudited) Three months ended (in millions) July 25, 2025 July 26, 2024 Operating Activities: Net income $ 1,047 $ 1,049 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 748 662 Provision for credit losses 28 18 Deferred income taxes 167 88 Stock-based compensation 86 83 Other, net 159 (9) Change in operating assets and liabilities, net of acquisitions and divestitures: Accounts receivable, net 288 110 Inventories (373) (217) Accounts payable and accrued liabilities (598) (604) Other operating assets and liabilities (464) (194) Net cash provided by operating activities 1,088 986 Investing Activities: Additions to property, plant, and equipment (504) (520) Purchases of investments (2,100) (1,879) Sales and maturities of investments 2,010 2,157 Other investing activities, net (125) (17) Net cash used in investing activities (719) (259) Financing Activities: Change in current debt obligations, net 649 (624) Issuance of long-term debt — 3,209 Payments on long-term debt (1,162) — Dividends to shareholders (910) (898) Issuance of ordinary shares 95 89 Repurchase of ordinary shares (123) (2,492) Other financing activities, net 70 (15) Net cash used in financing activities (1,381) (731) Effect of exchange rate changes on cash and cash equivalents 67 31 Net change in cash and cash equivalents (945) 27 Cash and cash equivalents at beginning of period 2,218 1,284 Cash and cash equivalents at end of period $ 1,273 $ 1,311 Supplemental Cash Flow Information Cash paid for: Income taxes $ 402 $ 394 Interest 81 119 The data in this schedule has been intentionally rounded to the nearest million, and, therefore, may not sum.

BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs
BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs

Toronto Star

time2 hours ago

  • Toronto Star

BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs

TORONTO, Aug. 19, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited ('BlackRock Canada'), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2025 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis as well as XIU. Unitholders of record of the applicable iShares ETF on August 26, 2025 will receive cash distributions payable in respect of that iShares ETF on August 29, 2025.

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