trending Market Intelligence /marketintelligence/en/news-insights/trending/_DV7Bk7ivJ8LOsB4E7--NA2 content esgSubNav
In This List

TSX approves Element Fleet Management's normal course issuer bid

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Banking Essentials Newsletter: May 15th Edition

Blog

Data Insights: Enhancing regulatory compliance and client lifecycle management.

Blog

Banking Essentials Newsletter: 17th April Edition


TSX approves Element Fleet Management's normal course issuer bid

The Toronto Stock Exchange has approved Element Fleet Management Corp.'s plan to commence a normal course issuer bid.

The company may repurchase up to 38,582,483 of its common shares on the open market during a period starting on June 12 and ending on the earlier of June 11, 2018, and the completion of purchases under the bid. The shares represent about 10% of the public float of the common shares.

As of June 7, the company had 389,022,985 issued and outstanding common shares and a public float of 385,824,839 shares.