Air Canada (TOR:AC.TO) is buying back up to C$500 million worth of its own stock through a substantial issuer bid, a type of buyback that gives shareholders a chance to sell their shares directly ...

Shares of Air Canada were higher Monday after the company said it expects to take up and pay for 26.6 million shares for cancellation at a price of 18.80 Canadian dollars ($13.68) apiece. Shares ...