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Fraud Warning: It has come to our attention that various international organizations or individuals have been offering false employment opportunities at Aecon Group Inc. These individuals will offer to fast track Canadian working visa applications in exchange for a payment. Such offers are fraudulent and intended to steal from the victims.

Aecon Group Inc. employment policies and processes in Canada involve personal interviews, and candidates who seek employment with us are never required to pay us any sum of money. To do so would be contrary to our business conduct guidelines and ethical practices. We take this matter extremely seriously and are working with the appropriate legal authorities to shut down such fraudulent schemes. Read more here
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Aecon reports 2018 results including record revenue, Adjusted EBITDA, and year-end backlog

Toronto, Ontario – March 5, 2019: Aecon Group Inc. (TSX: ARE) today reported strong results for the fourth quarter and full year 2018, concluding a year that saw revenue, Adjusted EBITDA, and backlog reach record levels.  Aecon’s Board of Directors approved an increase to the quarterly dividend to 14.5 cents per share from 12.5 cents per share previously. 

Aecon schedules fourth quarter and year-end 2018 financial results release and conference call

Toronto, Ontario – February 11, 2019: Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2018 financial results on Tuesday, March 5, 2019 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Wednesday, March 6, 2019.

Posted 11 February 2019 0 comments 0 recommendations

Aecon announces fourth quarter 2018 dividend

Toronto, Ontario – December 11, 2018: Aecon Group Inc. (TSX: ARE) today announced its fourth quarter dividend of 12.5 cents per common share. The dividend will be paid on January 3, 2019 to shareholders of record on December 21, 2018.

Posted 11 December 2018 0 comments 0 recommendations

Aecon completes sale of Contract Mining business to North American Construction Group

Toronto, Ontario – November 23, 2018: Aecon Group Inc. (TSX: ARE) announced today the closing of the definitive asset purchase agreement to sell substantially all of the assets related to Aecon’s Contract Mining business to North American Construction Group Inc. (“NACG”) (TSX: NOA/NYSE: NOA) for $199.1 million in cash, subject to customary closing adjustments. The closing is consistent with the previous announcement issued on October 3, 2018, and is effective November 23, 2018.  

Posted 23 November 2018 0 comments 0 recommendations

Aecon announces resignation of director, the Honourable Brian Tobin

Toronto, Ontario – November 5, 2018: Aecon Group Inc. (TSX: ARE) announced today that the Honourable Brian V. Tobin, P.C., O.C. will step down from Aecon’s board of directors, effective December 31, 2018. 

Posted 5 November 2018 0 comments 0 recommendations

Aecon joint venture awarded contract for Second Narrows Water Supply Tunnel project in British Columbia

Toronto, Ontario – November 1, 2018: Aecon Group Inc. (TSX: ARE) announced today that a joint venture between Aecon (40%) and Traylor Bros Inc. (60%) has been awarded a $267 million contract by Metro Vancouver (Greater Vancouver Water District) for the Second Narrows Water Supply Tunnel project in British Columbia.

Posted 1 November 2018 0 comments 0 recommendations

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