Post by
luscar99 on Jan 31, 2024 12:13pm
Buybacks recap
The insiders own about 12% of the common units.
Max daily buyback allowed under the NCIB authorization is 11380 units (excludes block purchases).
The current NCIB is valid until April 17.
Max buyback units allowed: 1 432 966.
521612 units bought so far.
https://www.newswire.ca/news-releases/true-north-commercial-reit-continues-unitholder-value-initiatives-with-suspension-of-distribution-reinvestment-plan-and-announcement-of-a-normal-course-issuer-bid-and-timing-of-q1-2023-results-880892857.html