RE:Ncib - from 11.5.19Thats not the same as filing one with the TSX...
Generally, a company will announce that they have filed with the TSX in a news release, followed by an additional news release when the request is approved. The second news release will outline details such as how many shares they are allowed to buy back.
See below for examples from other companies:
MFC:
https://www.newswire.ca/news-releases/manulife-announces-normal-course-issuer-bid-885084134.html SU:
https://www.globenewswire.com/news-release/2019/12/23/1964329/0/en/Suncor-Energy-amends-normal-course-issuer-bid.html 2020oilgamble wrote: Normal Course Issuer Bid Athabasca’s Board of Directors has approved a Special Meeting of Shareholders for the Company topursue the implementation of a Normal Course Issuer Bid (“NCIB”) through the facilities of the Toronto Stock Exchange. The Board and management believe there is a severe dislocation in underlying value andthe current trading price. In order to affect an NCIB Athabasca must reduce its stated capital pursuant to the provisions of the Business Corporations Act (Alberta). As such the Board of Directors has determined to hold a special meeting of shareholders on January 8, 2020 to consider and, if determined advisable, approve a reduction in the stated capital of Athabasca’s common shares. The record date for the special meeting of shareholders is December 4, 2019. Pursuant to the NCIB and subject to regulatory and shareholderapproval, Athabasca would be able to purchase for cancellation up to 10% of its issued and outstanding common shares for a one year period at prevailing market prices at the time of purchase