Recommendations from the investment firm to Aimia include replacing legacy directors with "proven" capital allocators, closing the ILS segment to eliminate forecasted losses and cutting corporate expenses. Breach would also like buybacks increased if AIM's share price stays at a discount to NAV.
Breach Inlet Capital holds ~1.2M shares of Aimia
Shares of Aimia are up 8.2% YTD.
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