Business Context and Reporting Period
Company: Canadian Pacific Railway Limited / Canadian Pacific Railway Company
Filing Type: Form 6-K (Report of Foreign Issuer)
Date: April 21, 2003
Business Overview: The registrant operates a 14,000-mile rail network serving principal centers in Canada (Montreal to Vancouver) and the U.S. Northeast and Midwest regions. The network feeds into the Chicago hub and extends market reach into Mexico through alliances with other carriers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a corporate announcement regarding a shareholder program and does not contain financial statements or performance data.
Material Changes
No material changes to financial performance or operations were reported in this filing. The primary material event is the administrative extension of the Small Shareholder Selling Program.
Guidance, Outlook, and Management Commentary
- Small Shareholder Selling Program Extension: The company announced a three-month extension of its Small Shareholder Selling Program.
- New Expiration Date: The program is now scheduled to expire at 5 p.m. Eastern Time on August 7, 2003.
- Program Details: The program allows shareholders owning 99 or fewer shares (as of the November 7, 2002 record date) to sell their shares without brokerage commissions. Transactions are executed via the Toronto Stock Exchange and managed by Computershare Trust Company of Canada.
- Approval: The extension was made with the approval of the Toronto Stock Exchange.
Investor Verification Checklist
- Verify eligibility for the Small Shareholder Selling Program (ownership of 99 or fewer shares as of November 7, 2002).
- Confirm the new expiration date of August 7, 2003, for selling shares commission-free.
- Contact Computershare Trust Company of Canada for transaction details or inquiries.
- Note that this filing contains no financial performance data; refer to Form 40-F for annual financial results.