PFB Corporation announces an Equity Buyback for 50,000 shares, representing 0.74% of its issued share capital.
January 05, 2018 at 03:39 am IST
PFB Corporation (TSX:PFB) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 50,000 of its common shares, representing 0.74% of its outstanding common shares. All common shares purchased under the issuer bid will be cancelled. The funding for any purchases of common shares pursuant to the bid will be financed out of working capital. The bid will expire on January 11, 2019. As of January 4, 2018, the company has 6,716,003 common shares issued and outstanding.