GREY:PTQMF - Post by User
Post by
goodapeon Jun 29, 2011 10:17am
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Post# 18778774
What Does Normal-CourseWhat Does Normal-Course Iss
What Does Normal-CourseWhat Does Normal-Course Iss
What Does Normal-Course Issuer Bid-NCIB Mean?
The action of a company buying back its own outstanding shares from the markets so it can cancel them.
Investopedia explains Normal-Course Issuer Bid-NCIB
The amount the company may repurchase is subject to regulatory approval. Instead of holding shares, which fluctuate day to day in the market, a company will cancel the shares to add to its core value.
Read more: https://www.investopedia.com/terms/n/ncib.asp#ixzz1Qflhkn4D