CPKC sets annual shareholder meeting date

Canadian Pacific Kansas City Limited (NYSE:CP), a leading railroad operator with a market capitalization of $72.47 billion and impressive gross profit margins of 51.86%, announced today that it has scheduled its annual and special meeting of shareholders for April 30, 2025. According to InvestingPro data, the company has demonstrated strong revenue growth of 15.86% over the last twelve months. The company, which operates under the SIC code for railroads, line-haul operating, has established March 10, 2025, as the record date for shareholders eligible to receive notice and vote at the meeting.

This announcement, derived from a recent SEC Form 8-K filing, indicates that the shareholders on record by March 10 will be entitled to participate in the upcoming meeting. The meeting's agenda will cover standard annual procedures and potentially special topics, which have yet to be disclosed.

The 8-K filing, which is a requirement for publicly traded companies to announce significant events that shareholders should know about, also reaffirms the company's commitment to transparency and regulatory compliance.

Canadian Pacific Kansas City Limited, formerly known as Canadian Pacific Railway (TSX:CP) Ltd/CN, has been a part of the railroad industry's evolution for over a century, with its former company names dating back to 1971. The company's business address and principal executive offices are located in Calgary, Alberta, Canada.

The corporation's common shares are traded on both the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol CP, with specialized securities such as the Perpetual 4% Consolidated Debenture Stock listed under CP40 on the New York Stock Exchange and BC87 on the London Stock Exchange (LON:LSEG). The company has maintained dividend payments for 25 consecutive years, demonstrating strong commitment to shareholder returns.

This corporate event follows standard corporate governance practices, allowing shareholders to engage with company leadership and exercise their voting rights on corporate matters.

The information for this article is based on a press release statement filed with the SEC and does not contain any marketing language or subjective statements, ensuring a factual and balanced report for investors and interested parties. InvestingPro analysis shows the company maintains a FAIR financial health score, with 8 additional exclusive insights available to subscribers. Discover comprehensive analysis and detailed metrics in the Pro Research Report, part of the extensive coverage available for over 1,400 US equities.

In other recent news, Canadian Pacific Kansas City Limited secured a substantial $500 million unsecured term loan agreement with Bank of Montreal and other institutions. The company has also reached a tentative four-year collective agreement with the United Steelworkers, marking its third such deal this year. However, financial analysts at Loop Capital Markets have downgraded the company's stock from "Buy" to "Sell", citing potential trade disruptions due to the company's unique operational footprint across the US-Canada border.

In the meantime, Benchmark analysts have maintained their "Hold" rating on Canadian Pacific Kansas City's stock, noting that the current stock valuation already reflects the company's strategic plan. The company has managed to exceed consensus estimates, concluding the year with a fourth-quarter core adjusted earnings per share (EPS) of C$1.29, despite facing challenges such as work stoppages and adverse weather conditions.

These recent developments underline Canadian Pacific Kansas City Limited's continuous efforts to strengthen its financial position and corporate governance, as well as to build its workforce relations and enhance its operational capabilities across North America. This comes along with the company's optimistic full-year 2025 outlook, projecting mid-single digit growth in revenue ton-miles (RTM), and a 12%-18% year-over-year rise in core adjusted diluted EPS. However, the company's stock faces potential valuation pressures due to looming North American trade tensions.

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