Post by
Frankie10 on Sep 21, 2022 8:25pm
NCIB
On October 15, 2021, RioCan received TSX approval of its notice of intention to renew its NCIB (the 2021/2022 NCIB), to acquire up to a maximum of 31,616,150 Units.
During the six months ended June 30, 2022, the Trust acquired and cancelled 5,982,975 units at a weighted average purchase price of $21.52 per unit, for a total cost of $128.8 million.
Lots of room to play.
Comment by
bttmfischer on Sep 21, 2022 8:38pm
Well, REI now can do it for a lot less, so why don't they?
Comment by
SNAKEYBOY on Sep 21, 2022 10:19pm
Too bad they stopped on June 30....maybe they are waiting for $18? https://ceo.ca/api/sedi/?symbol=rei&amount=&transaction=&insider=
Comment by
Frankie10 on Sep 22, 2022 10:19am
fak you're right. "As of August 30, 2022, there are 303,411,413 Units issued and outstanding." did you see the short form propectus to raise $3 billion? could you please fill me in here.