trending Market Intelligence /marketintelligence/en/news-insights/trending/JNNxZtxoe42N0JZaB2RUcw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Tricon Capital launches normal course issuer bid for up to 2.7 million shares

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Tricon Capital launches normal course issuer bid for up to 2.7 million shares

Tricon Capital Group Inc. gained approval from the Toronto Stock Exchange for a normal course issuer bid to buy up to 2.7 million shares, or about 2%, of its issued and outstanding stock.

During any trading day, the company may acquire up to 66,356 shares on the exchange.

Tricon is using available cash to fund its purchases under the issuer bid, which will run for 12 months from Oct. 6 through Oct. 5, 2018.

Under its normal course issuer bid that ended Oct. 7, 2016, Tricon bought 713,720 common shares at a weighted average price of C$9.75 apiece.