Comment by
Tothemoon2 on Jun 08, 2021 6:01pm
Also looks like they can purchase more shares per day. So lets hope they purchase the remaining 5.7 million shares before this Q is over.
Comment by
DivChain on Jun 08, 2021 6:40pm
Hopefully we see a special dividend in the near future. The total NCIB is 8% of float!
Comment by
lifeisgood1010 on Jun 09, 2021 7:49am
Hi DivChain, In fact, it's 10% of the float.It's stated in the press release. "Shares of the Company representing in the aggregate 10% of the public float as at February 8, 2021." As of May 31st,there were 4,721,728 shares shorted witch is 4.93% of float shorted. Not a monstrous amount but still a fair amount that will help up once this correction is over.
Comment by
DivChain on Jun 09, 2021 9:28am
I counted the insider shares but this is great news & it also translates to roughly 20% of the price paid for the Norbord all stock transaction this year. GLTA
Comment by
Frost19 on Jun 09, 2021 9:32am
I wonder if they plan to buy the BAM swapped shares in one shot on Friday? They added roughly the amount Brookfield swapped. Otherwise why increase NCIB and not just complete and start a new one next day? Could be wrong and maybe it's just routine but seems like it could be more?