Eurocontrol Technics Ord EUCTF

Technology Computer Systems

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."

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Eurocontrol Technics Ord > Eurocontrol - Normal Course Issuer Bid

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Comment by GijsWouteron Feb 19, 2016 9:10am

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Post# 24574204

RE:RE:RE:Eurocontrol - Normal Course Issuer Bid

Correct me if I'm wrong, but I believe companies are only allowed to repurchase 5 to 10% of its shares in a normal-course issuer bid.

tpaymans wrote: I am not familiar with this, but with 10 percent less shares the p.p.s. should be around 30 cents.

I personally would have liked a 30 percent share acquisition .

Anyway this must have a possitive effect don't you think? If not, an eventually buy out is now 10 percent cheaper.