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STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A



TSX:STB.DB.A - Post by User

Comment by d_trumpon Aug 27, 2015 7:50pm
87 Views
Post# 24057787

RE:RE:Application to increase normal course issuer bid

RE:RE:Application to increase normal course issuer bid The original NCIB limit was the lesser of 4.1M shares and $5M, so in reality the old limit was about 900,000 shares.  Under the amendment they have done away with the $5M cap.   Still unlikely to need it but maybe they just wanted more flexibility.
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