<SEC-DOCUMENT>0001157523-23-001820.txt : 20231213
<SEC-HEADER>0001157523-23-001820.hdr.sgml : 20231213
<ACCEPTANCE-DATETIME>20231213070020
ACCESSION NUMBER:		0001157523-23-001820
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20231213
FILED AS OF DATE:		20231213
DATE AS OF CHANGE:		20231213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ATS Corp /ATS
		CENTRAL INDEX KEY:			0001394832
		STANDARD INDUSTRIAL CLASSIFICATION:	GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC [3569]
		IRS NUMBER:				980149239
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41713
		FILM NUMBER:		231482951

	BUSINESS ADDRESS:	
		STREET 1:		730 FOUNTAIN STREET NORTH
		STREET 2:		BUILDING #3
		CITY:			CAMBRIDGE
		STATE:			A6
		ZIP:			N3H 4R7
		BUSINESS PHONE:		519 653 6500

	MAIL ADDRESS:	
		STREET 1:		730 FOUNTAIN STREET NORTH
		STREET 2:		BUILDING #3
		CITY:			CAMBRIDGE
		STATE:			A6
		ZIP:			N3H 4R7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ATS Automation Tooling Systems Inc.
		DATE OF NAME CHANGE:	20070328
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a53870141.htm
<DESCRIPTION>ATS CORPORATION 6-K
<TEXT>
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    <div>&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;"> <br>
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    <div>&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">FORM&#160;6-K</div>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">PURSUANT&#160;TO&#160;RULE&#160;13a-16&#160;OR&#160;15d-16</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">For the month of December 2023</div>
    <div style="font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: center; font-weight: bold;">Commission&#160;File&#160;Number:&#160;001-41713</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">ATS CORPORATION</div>
    <div style="text-align: center; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
    <div style="text-align: center; font-weight: bold;"> <br>
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    <div style="text-align: center; font-weight: bold;"> <br>
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    <div style="text-align: center; font-weight: bold;">730 Fountain Street North</div>
    <div style="text-align: center; font-weight: bold;">Building 3</div>
    <div style="text-align: center; font-weight: bold;">Cambridge, Ontario N3H 4R7</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">(Address of principal executive offices)</div>
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    <div style="font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div>Indicate by check mark whether the registrant files or will file annual reports under&#160;cover&#160;of&#160;Form&#160;20-F&#160;or&#160;Form&#160;40-F.</div>
    <div style="font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: center;">Form&#160;20-F&#8194;&#9744;&#8195;&#8195;&#8195;&#8195;&#160;Form&#160;40-F&#8194;&#9746;</div>
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    <div style="text-align: center; font-weight: bold;">EXHIBIT INDEX</div>
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          <td nowrap="nowrap" style="width: 4.06%; vertical-align: top; font-family: 'Times New Roman',Times,serif;">
            <div><a href="a53870141_ex991.htm">99.1</a></div>
          </td>
          <td style="width: 2%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif;">
            <div>&#160;&#160;</div>
          </td>
          <td style="width: 94%; vertical-align: top; font-family: 'Times New Roman',Times,serif;">
            <div><a href="a53870141_ex991.htm">Press release dated December 13, 2023</a></div>
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    <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
    <div style="font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-indent: 30.6pt;">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.</div>
    <div style="text-indent: 30.6pt;"> <font style="font-weight: bold;"><br>
      </font></div>
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            <td style="font-weight: bold;" rowspan="1" colspan="2">ATS CORPORATION</td>
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              <div>&#160;</div>
            </td>
            <td rowspan="1" colspan="2">(Registrant)</td>
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            <td style="width: 50%; padding-bottom: 2px;">Date: December 13, 2023</td>
            <td style="width: 3%; padding-bottom: 2px;">By:<br>
            </td>
            <td style="width: 47%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">/s/ Stewart McCuaig</td>
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            <td style="width: 47%; text-align: left; vertical-align: bottom;">Name: Stewart McCuaig</td>
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              <div>&#160;</div>
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            <td style="width: 47%; text-align: left; vertical-align: bottom;">Title: Vice President, General Counsel</td>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a53870141_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
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  <div style="text-align: right;"><font style="font-weight: bold;"> <br>
    </font></div>
  <div><font style="font-weight: bold;"> </font>
    <div class="bw-release">
      <h1 style="text-align: center; list-style-position: inside;FONT-SIZE: 14pt;"> <b>ATS Announces Normal Course Issuer Bid</b> </h1>
      <div class="bw-release-body">
        <div class="bw-release-table-js bw-release-story">
          <p>CAMBRIDGE, Ontario--(BUSINESS WIRE)--December 13, 2023--ATS Corporation (TSX and NYSE: ATS) (&#8220;ATS&#8221; or the &#8220;Company&#8221;), today announced that the Toronto Stock Exchange (&#8220;TSX&#8221;) has accepted a notice filed by it of its intention to make a normal
            course issuer bid (&#8220;NCIB&#8221;). As of December 1, 2023, ATS had a total of 98,899,883 common shares issued and outstanding. Under the NCIB, ATS will have the ability to purchase for cancellation up to a maximum of 8,044,818 common shares,
            representing approximately 10% of the public float of 80,448,183 common shares of the Company that were issued and outstanding as of December 1, 2023. </p>
          <p> Purchases under the NCIB will be made through the facilities of the TSX and/or alternative Canadian trading systems in accordance with applicable regulatory requirements, during the twelve-month period commencing on December 15, 2023, and
            ending on or before December 14, 2024. The average daily trading volume of the common shares on the TSX for the six calendar months ending November 30, 2023, was 173,395 common shares. On any given trading day, ATS will not purchase more than
            25% of such average daily trading volume, representing 43,348 common shares, except where such purchases are made in accordance with available block purchase exemptions. The common shares purchased under this NCIB will be cancelled. </p>
          <p> Some purchases under the NCIB may be made pursuant to an automatic purchase plan that has been entered into between ATS and its broker. This plan will enable the purchase of ATS common shares when ATS would not ordinarily be active in the
            market due to internal trading blackout periods, insider trading rules, or otherwise. </p>
          <p> ATS believes that there are times when the market price of its common shares may not reflect their underlying value and that the purchase of shares by ATS will both provide liquidity to existing shareholders and benefit remaining
            shareholders. The NCIB is viewed by ATS management as one component of an overall capital structure strategy and complementary to its acquisition growth plans. </p>
          <p> The NCIB follows the Company&#8217;s normal course issuer bid for the period ended December 14, 2023 (the &#8220;2022 NCIB&#8221;). Under the 2022 NCIB, the Company had obtained approval to purchase up to 7,335,032 common shares. The Company&#8217;s 2022 NCIB began
            on December 15, 2022, and will end on December 14, 2023. Under the 2022 NCIB, the Company did not repurchase any common shares. </p>
          <div> </div>
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          <p> <b>About ATS Corporation</b> </p>
          <p> ATS Corporation is an industry-leading automation solutions provider to many of the world&#8217;s most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products
            and value-added services including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food &amp; beverage,
            transportation, consumer products, and energy. Founded in 1978, ATS employs over 6,500 people at more than 60 manufacturing facilities and over 80 offices in North America, Europe, Asia and Oceania. The Company&#8217;s common shares are traded on the
            Toronto Stock Exchange and the New York Stock Exchange under the symbol ATS. </p>
          <p> <b>Forward-looking Statements</b> </p>
          <p> Certain information contained in this press release may constitute forward-looking information under applicable securities laws, including statements related to ATS&#8217; intentions with respect to the NCIB and purchases thereunder and the effects
            of repurchases under the bid. Forward-looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. Much of this information can be identified by looking for
            words such as &#8220;believe&#8221;, &#8220;expects&#8221;, &#8220;expected&#8221;, &#8220;will&#8221;, &#8220;intends&#8221;, &#8220;projects&#8221;, &#8220;anticipates&#8221;, &#8220;estimates&#8221;, &#8220;continues&#8221; or similar words. Purchases made under the NCIB are not guaranteed and may be suspended at the discretion of ATS&#8217; Board of
            Directors. Forward-looking statements are based on current information and expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. Forward-looking statements
            contained in this press release are made as of the date hereof and are subject to change. ATS assumes no obligation to revise or update forward looking statements to reflect new circumstances, except as required by law. </p>
          <p> SOURCE: ATS Corporation </p>
        </div>
        <div class="bw-release-contact">
          <h2 style="FONT-SIZE: 14pt;">Contacts</h2>
          <p> <b>For more information, contact: </b><br>
            David Galison <br>
            Head of Investor Relations <br>
            ATS Corporation <br>
            730 Fountain Street North <br>
            Cambridge, ON, N3H 4R7 <br>
            (519) 653-6500 <br>
            dgalison@atsautomation.com </p>
          <p> <b>For general media inquiries, contact: </b><br>
            Matthew Robinson <br>
            Director, Corporate Communications <br>
            ATS Corporation <br>
            730 Fountain Street North <br>
            Cambridge, ON, N3H 4R7 <br>
            (519) 653-6500 <br>
            mrobinson@atsautomation.com </p>
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