Value of CDN Railroads... Share repurchase $4B not $20B

[TOM4CWB]

Folks were asking about CNCP stock values:

CANADIAN PACIFIC RAILWAY LTD Common Stock
TSE: CP - Apr 9 3:59 PM EDT
236.61Price increase5.03 (2.17%)

If there are 162M shares at $236/share: $38,232M share value estimate.

CN Rail= 814,717,092 CN common shares were issued and outstanding Oct 15 2014.
$805M at $68 per share is $54,740M share value estimate.

So this means that CP Rail is worth about $40B and CN Rail is worth about $58B or $100B total value plus outstanding debt to be repaid.

This means when CP has repurchased 20M shares, at $200/share, that is 4,000M or $4B not the $20B I said earlier. Sorry CP... my Calculator goofed!

[farming101]

Tom, when Pershing Square Capital bought into CP in 2011 they probably spent about 1.2 billion (just a guess) for 14.2 percent of the company.
Get your calculator out again!

[TOM4CWB]

101;
I note market Cap of CP Rail on NYSE Mkt cap 31.05B US.

CP Rail Share price= $188.73US Today now:
0.81 (0.43%)
Real-time: 9:37AM EDT
NYSE real-time data - Disclaimer
Currency in USD
Range 188.46 - 189.41
52 week 142.73 - 220.20
Open 188.56
Vol / Avg. 100.00/698,431.00
Mkt cap 31.05B
P/E 27.97
Div/yield 0.28/0.59
EPS 6.75
Shares 165.48M
Beta 1.25
Inst. own 69%

[TOM4CWB]

For CN Rail;
NYSE CNI Mkt cap $54.01B US

67.08
0.25 (0.37%)
Real-time: 9:44AM EDT
NYSE real-time data - Disclaimer
Currency in USD
Range 66.93 - 67.38
52 week 54.40 - 75.92
Open 66.93
Vol / Avg. 0.00/1.08M
Mkt cap 54.01B
P/E 21.93
Div/yield 0.25/1.48
EPS 3.06
Shares 804.45M
Beta 0.90
Inst. own 45%

[sumdumguy]

Any government could have picked up those shares in a blink of an eye. This would have sent a message.