Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

TSX:PYR - Post by User

Pyrogenesis Canada Inc > Tomorrow, January 14, PYR might start buying 83000 shares...

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Comment by Stubbyinsideron Jan 13, 2021 1:30pm

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Post# 32286014

RE:RE:RE:RE:Tomorrow, January 14, PYR might start buying 83000 shares...

Do they buy these back on the open Market ?

ScienceFirst wrote:

Important: An NCIB is launched when a company's executives believe its stock is undervalued in the market.

As with any stock repurchase program, a company undertakes an NCIB because its executives believe that the company's publicly traded stock shares are undervalued. By taking back shares, they are reducing the numbers available on the market. Their own buying activity reduces supply and raises demand, leading the price higher.