Post by
CanSiamCyp on Apr 04, 2022 8:16pm
Good news ....
.... they actually repurchased a significant number of shares since 01 Dec. 2021!
Medical Facilities Corporation Announces Amendment to Normal Course Issuer Bid
TORONTO , April 4, 2022 /CNW/ - Medical Facilities Corporation ("Medical Facilities" or the "Company") (TSX: DR), announced today that the Toronto Stock Exchange has approved an amendment to its notice of intention to make a normal course issuer bid ("NCIB") effective as of April 7, 2022 , which was originally announced on November 29, 2021 and began on December 1 , 2021. The original NCIB provided for the repurchase by the Company of up to 1,555,312 of its outstanding common shares ("Common Shares"), representing 5% of the 31,106,259 Common Shares issued and outstanding as of November 15, 2021 . Pursuant to the amendment the Company may repurchase up to 3,101,774 Common Shares representing 10% of its public float as of November 15, 2021 . The Company has repurchased 701,100 Common Shares since December 1, 2021 .
Comment by
auagntungsten on Apr 18, 2022 2:12pm
Today would be a nice day to step up to the plate. Picking up either beaten up stock traders or others seeing a better opportunity leaving T.DR undervalued. JMHO and GLTA