ATS Corporation（ATS）資訊與事件ATSATS Corporation

ATS Corporation Elects Directors and Repurchases 146,085 Shares

ATS Corporation announced that all of the nominee directors listed in the management information circular dated June 22 were elected as directors of ATS. The vote was conducted electronically at the virtual Annual and Special Meeting of Shareholders, which took place on August 6. The total percentage of ATS common shares represented at the Annual Meeting was 88.12%. ATS also announced that it has purchased its common shares under its previously disclosed normal course issuer bid. ATS believes that there are times when the market price of its common shares may not reflect their underlying value and that the purchase of common shares by ATS will both provide liquidity to existing shareholders and benefit remaining shareholders. ATS has purchased 146,085 common shares to date at an average price of $29.08, for an aggregate purchase cost of approximately $4.25M. As previously disclosed, ATS may make purchases under its NCIB through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems, including through block purchases, in accordance with applicable regulatory requirements during the twelve-month period commencing on December 22, 2025, and ending on or before December 21. The price ATS will pay for any such shares will be the market price at the time of acquisition. Under its NCIB ATS has the ability to purchase for cancellation up to a maximum of 8,225,621 common shares of the Company. The NCIB is viewed by ATS management as one component of an overall capital allocation strategy and complementary to its acquisition growth plans.

APT SateHoldings LTD Trading Halted Due to Volatility Trading Pause

APT SateHoldings LTD trading halted, volatility trading pause

Company Initiates Fixed Cost Transformation Program, Expected Annual Cost Reduction of $20 Million

Following the completion of a comprehensive review of its entire portfolio against its long-term value creation criteria, management has initiated a program to transform the Company's fixed cost structure over time. The review included consideration of operating footprint, cost structure and capital allocation priorities, resulting from management's application of a disciplined cash return on investment framework across the organization. The review reinforced management's confidence in the Company's core strengths and position in critical growth markets, and identified opportunities to simplify the Company's operating structure, optimize its global footprint, reduce fixed costs and improve returns on invested capital, while better aligning it with its current business profile and long-term growth objectives. Management believes these meaningful structural changes can contribute approximately half of the margin expansion required to achieve the Company's current long-term adjusted earnings from operations margin target of 15%. This multi-phase program, which is expected to be completed in approximately 18 months, is not intended to alter the Company's strategic focus on services or the end markets it serves. Rather, the objective is to reshape the cost structure of the business so that resources can be allocated more efficiently in support of the Company's long-term growth strategy. As the initial phase of the Fixed Cost Transformation Program, management identified excess capacity across certain European facilities based on current and expected demand for customer programs required to be executed within Europe. The European Footprint Consolidation will involve the transfer of select technical capabilities to other ATS facilities where existing capacity and capabilities can support customer requirements more efficiently. Where appropriate, customer programs may also be supported through ATS' broader global footprint. Given the nature of the facility and reorganization activities involved, implementation and the realization of the related benefits are expected to build as the program actions are implemented over approximately 18 months. Related restructuring costs will be disclosed as the plans progress. The annual costs that can be reduced in connection with this initial phase are expected to be in the range of $20 million, followed by additional cost reduction opportunities on the remainder of the Fixed Cost Transformation Program, including opportunities to simplify the Company's operating footprint and reduce fixed costs in other parts of the business. Those initiatives remain under evaluation and will be communicated as plans are finalized and approved. The initial phase of cost reductions is expected to represent approximately 30% of the savings opportunity from the broader Fixed Cost Transformation Program. Management continues to believe that executing on the long-term growth opportunities across the Company's end markets and the operational-improvement initiatives currently underway, together with portfolio optimization and cost-reduction activities, including the Fixed Cost Transformation Program, support the Company's achievement of its long-term adjusted earnings from operations margin target of 15%. Management intends to provide updates as the initiatives progress.