Sales and Marketing Overview & Strategic Business Overview
STRONG TRACK RECORD OF CAPITAL RETURNS
IN EXCESS OF $1.6B OF CAPITAL RETURNED TO SHAREHOLDERS OVER THE PAST FIVE YEARS
Dividends
(in millions of dollars)
Annual cash dividends per common share
$0.68
in 2022
Share repurchases
(in millions of dollars and shares)
Percentage of shares repurchased (2)
$0.37
$0.45
$0.54
$0.62(1)
110
95
85
31
5.1%
5.9%
4.0%
0.4%
3.3%
368
329
90
FY 2017
FY 2018
FY 2019
Q1 2020
Q2-Q4 2021
2017
2018
10% dividend per share increase in 2022
(1) Quarterly cash dividend suspended in the first quarter of 2020 and reinstated on May 5, 2021
(2) Calculated as the number of common shares repurchased for cancellation during the fiscal year divided by the public float as at the reference date for the normal course issuer bid
257
245
2019
23
2020
2021
NCIB increase from 5 to 10% in 2022
54
54View entire presentation