WiLAN Announces TSX Acceptance of Normal Course Issuer Bid WiLAN Announces TSX Acceptance of Normal Course Issuer Bid
/EINPresswire.com/ -- OTTAWA, CANADA--(Marketwired - Feb 9, 2017) - Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that the Toronto Stock Exchange (the "TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, WiLAN may purchase for cancellation up to 4,000,000 issued and outstanding WiLAN common shares ("Common Shares") representing approximately 3.46% of the 115,633,550 Common Shares in the public float as of December 31, 2016 through the facilities of the TSX and/or alternative Canadian trading platforms.
The Normal Course Issuer Bid is expected to commence on February 13, 2017 and will expire on February 12, 2018.
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https://www.einnews.com/pr_news/365722581/wilan-announces-tsx-acceptance-of-normal-course-issuer-bid