1)"INTENDS" 2) 116,000 per day or 25% 3) $ in the bank!!! Aritzia "Intends" & they actually have the cash burning a hole in their pocket, are two wonderful situations for shareholders when combined.
Then top it off with a force of 25% of daily volume impact of 116,000 shares is insane. These shares are about to skyrocket imo
"it intends to repurchase about 5% of its issued and outstanding common shares over the course of a one-year period."
And they have the money!!!
"As at November 26, 2023, the Company had approximately $140.8 million of cash and cash equivalents. Any purchases made under the NCIB will be made by Aritzia subject to favourable market conditions at the prevailing market price at the time of acquisition"