NCIB is now 88% complete, SIB on the way?As of end of Aug, Home Capital purchased and cancelled 4.17 million shares
At current pace, they should be done by September, just in time for another SIB at the end of year!
Valuation gap with EQB will start to close. EQB is now trading at 1.3x of book value and HCG at 0.88x, almost 50% upside from here