Canadian National Railway Co 6-K, filed Jan 26, 2022
Canadian National Railway Co (CNI)
6-K
2022-01-26
For: 2022-01-25
View Original
Added on
July 04, 2026
About this 6-K
Canadian National Railway Co filed this 6-K on January 26, 2022.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of January 2022
Commission File Number: 001-02413
Canadian National Railway Company
(Translation of registrant’s name into English)
935 de la Gauchetiere Street West
Montreal, Quebec
Canada H3B 2M9
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
|
Form 20-F
|
☐
|
Form 40-F
|
☒
|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
|
Yes
|
☐
|
No
|
☒
|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
|
Yes
|
☐
|
No
|
☒
|
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934:
|
Yes
|
☐
|
No
|
☒
|
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Canadian National Railway Company
|
|||||
|
Date:
|
January 25, 2022
|
By:
|
/s/ Sean Finn
|
||
|
Name:
|
Sean Finn
|
||||
|
Title:
|
Executive Vice-President Corporate Services and
Chief Legal Officer
|
||||
CANADIAN NATIONAL RAILWAY COMPANY
Table of Contents
|
Items
|
Description
|
|
Exhibit 1
North America’s Railroad
NEWS RELEASE
CN reaches Resolution Agreement with TCI
Requisition for Special Meeting of Shareholders on March 22, 2022 has been withdrawn
Montreal, January 25, 2022 – CN (TSX: CNR, NYSE: CNI) today announced that it has entered into a
Resolution Agreement with CIFF Capital and TCI (collectively “TCI”).
Earlier today, CN announced several changes to its Board including committing to appoint two new independent Directors to the Board by no later than CN’s 2022 Annual General Meeting
(“AGM”).
The appointments of the two future independent directors to the Board have been mutually agreed between CN and TCI in the Resolution Agreement. As part of that Resolution Agreement,
TCI has agreed to withdraw its requisition for a Special Meeting of Shareholders, which was previously scheduled to be held on March 22, 2022, and to support the election of all CN Director nominees at the 2022 and 2023 AGMs. In the event that either
of the two new independent directors are unable to serve on the Board, CN and TCI have agreed, on a mutual agreement basis, to identify up to two alternate independent Directors with North American railroad experience prior to the 2022 AGM.
“We are pleased to have appointed a world-class CEO to lead CN during our next phase of growth and announced that we are continuing to add more highly qualified independent
Directors to our Board. We have appreciated the input we have received from our shareholders throughout this process and are very excited about all that CN can achieve as we build the railway of the future.”
— Robert Pace, Chair of the Board of Directors of CN
“We are pleased to reach an arrangement that will strengthen CN’s Board with the addition of two new highly qualified Directors. TCI looks forward to constructive future engagement
with CN.”
— Chris Hohn, TCI Founder and Portfolio Manager
About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million
tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 19,500-mile rail network, CN and its
affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.
Forward-Looking Statements
Certain statements included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and
under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. The Company cautions that its assumptions may not materialize and that current economic conditions render such assumptions,
although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other
similar words.
Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause the actual results or performance of the
Company to be materially different from the outlook or any future results or performance implied by such statements. Reference should be made to Management’s Discussion and Analysis in CN’s annual and interim reports, Annual Information Form and Form
40-F, filed with Canadian and U.S. securities regulators and available on CN’s website, for a description of major risk factors.
CN Contacts:
|
Media
|
Investment Community
|
|
|
Canada
|
Paul Butcher
|
|
|
Jonathan Abecassis
|
Vice-President
|
|
|
CN Media Relations & Public Affairs
|
Investor Relations
|
|
|
(438) 455-3692
|
(514) 399-0052
|
|
|
Jonathan.Abecassis@cn.ca
|
investor.relations@cn.ca
|
Longview Communications & Public
Affairs
Martin Cej
(403) 512-5730
mcej@longviewcomms.ca
United States
Brunswick Group
Jonathan Doorley / Rebecca Kral
(917) 459-0419 / (917) 818-9002
jdoorley@brunswickgroup.com / rkral@brunswickgroup.com