Montreal | May 31, 2013
The Board of Directors of SNC-Lavalin Group Inc. (the “Corporation”) has filed a notice to renew, for a 12-month period, its normal course issuer bid, which will expire on June 3, 2013. In the notice, the Corporation states that a maximum of 3,000,000 Common Shares, representing less than 2% of the issued and outstanding Common Shares as of May 17, 2013, may be purchased for cancellation. As of May 17, 2013, the Corporation had 151,452,571 Common Shares issued and outstanding, 150,288,610 of w
Montreal | May 27, 2013
SNC-Lavalin Group Inc. (TSX: SNC) announces it is launching a company-wide Amnesty Program to encourage current employees to report potential corruption and anti-competition matters in which they may have direct or indirect knowledge. The Amnesty Program is intended to assist SNC-Lavalin in its efforts to fully gather and assess the facts associated with corporate ethics matters in order to resolve them.
Montreal | May 22, 2013
In its annual review today, Standard & Poor’s (S&P) lowered SNC-Lavalin’s (TSX: SNC) credit rating one notch to BBB with a negative outlook, while retaining the Company’s investment grade status.
Montreal | May 9, 2013
SNC-Lavalin (TSX : SNC) announces that Ric Sorbo, Acting Executive Vice-President in charge of the Oil & Gas business unit, has decided to leave the Company in order to pursue other opportunities. Until a replacement is found, Neil Bruce, President, Resources, Environment & Water, will assume direct responsibility for the business unit, effective immediately.
Montreal | May 6, 2013
SNC-Lavalin Group Inc. (TSX: SNC) announced that the nominees listed in the management proxy circular dated March 11, 2013 were elected as directors of SNC-Lavalin Group Inc. The detailed results of the vote for the election of directors held at the Annual and Special Meeting of shareholders held on May 2, 2013 in Montreal are set out below.