This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Aimia Completes Corporate Name Change, Signalling The Next Generation Of Loyalty

MONTREAL, May 4, 2012 /CNW Telbec/ - Aimia (TSX: AIM) is pleased to announce that at its Annual and Special Meeting held earlier today, shareholders approved a resolution to formally change the legal name of the company from Groupe Aeroplan Inc. to Aimia Inc.  The company has been operating under the Aimia banner since it launched its new global brand identity in October, 2011.

The name change takes effect today and the company's common shares and Series 1 Preferred Shares will continue to trade on the Toronto Stock Exchange (TSX) under the symbol AIM and AIM.PR.A, respectively.

"Today's announcement marks another important milestone in our company's history. Aimia represents the new company that we have become and our vision to be the recognized global leader in loyalty," said Rupert Duchesne, Group Chief Executive, Aimia.

"Since Aeroplan's IPO in 2005, we have made a series of important acquisitions to fuel our global expansion that has allowed Aimia to build a full-suite of loyalty management services that we're now taking to customers around the world. As Aimia, we are going to market as one enterprise with a one-of-a-kind platform that will lead the next generation of loyalty thinking and data analytics. We are creating increased client value and inspiring deep and lasting loyalty between people and the brands, products and services they trust."

Aimia Facts Aimia is a global leader in loyalty management with headquarters in Montreal, Canada, and more than 30 offices in over 20 countries around the world, with more than 3,400 employees.

Aimia owns and operates some of the world's biggest and most popular coalition loyalty programs including the Aeroplan program in Canada with over 4.6 million active members, the Nectar program in the UK and Italy with over 18.5 and 9 million active members, respectively, and the Air Miles Middle East program with over 1.3 million active members.

The acquisition of LMG in 2007 included Nectar as well as its proprietary data analytics business, which has swiftly grown its best in class offerings, now known as Aimia's Intelligent Shopper Solutions service stream, with clients in Europe, Canada and Australia.

Aimia works with hundreds of clients and some of the world's top brands in the automotive, retail, financial, telecom, healthcare, high tech, travel, hospitality and consumer package goods sectors.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.81 0.50%
TSLA $222.56 -4.20%
YHOO $35.97 -0.11%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs