TSXV:CEN.H - Post by User
Post by
Eoj123on Jun 19, 2012 8:03pm
240 Views
Post# 20032211
Abrupt halt of buy back...???
Abrupt halt of buy back...??? There seems to be an abrupt halt in the buy back for the last 2 or is it 3 days? Obvoiusly they can start and stop as they see fit, but they did comment they would stop if they received a formal offer.
In the normal course of business, the Company occasionally receives expressions of interest in the company, or its assets, from other parties. While such discussions take place from time to time, should any future inquiries result in a formal offer, the Company will immediately suspend the share repurchase program. Furthermore, the Company may choose to suspend the share repurchase program at any time for any reason regardless of any expressions of interest.
Very Ponderous Indeed.