Celestica Inc. announced that the Toronto Stock Exchange has approved its Normal Course Issuer Bid, allowing the company to repurchase up to 3,132,127 common shares, about 2.5% of its public float, from November 3, 2026, to November 2, 2027. The buyback will be funded through existing cash and credit facilities, with shares repurchased on the open market and subsequently cancelled. This move follows a prior buyback program that expires November 2, 2026, under which Celestica repurchased 205,184 shares. The company views this buyback as a strategic use of funds to enhance shareholder value.
Following Celestica's announcement of its approved Normal Course Issuer Bid, the stock is currently trading at USD 265.29 on Pluang as of Oct 30, 2026 18:12 WIB. The share price has declined by 6.18% in the past day, with a market cap of $35.71 billion. Pluang data shows a high sell activity at 90%, indicating cautious sentiment among investors.
Celestica reported an 83% year-over-year revenue increase and a 109% rise in earnings per share for Q3, surpassing analyst expectations. The company raised its 2027 revenue guidance to $40 billion and non-GAAP EPS to $21.5 but anticipates negative fr...
Celestica Inc. reported a strong third quarter with 83% year-over-year revenue growth, driven by rising demand for AI infrastructure and strong performance in its CCS segment. The company exceeded both revenue and earnings expectations and raised its...
Recent earnings reports from Celestica, Cadence Design Systems, and Rambus reveal that demand for artificial intelligence technology remains strong. However, Goldman Sachs highlights that the critical issue now is the market's willingness to provide ...
Celestica announced Q3 2026 revenue of $5.83 billion, up 83% year-over-year, with adjusted EPS doubling to $3.30. The company raised its 2026 revenue outlook to $21 billion and forecasted 2027 revenue of $40 billion, driven by strong demand in AI and...
