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Exco Technologies Ltd T.XTC

Alternate Symbol(s):  EXCOF

Exco Technologies Limited is a Canada-based global supplier of technologies servicing the diecast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs and engineers tooling and other manufacturing equipment. Its operations are substantially for automotive and other industrial markets in North America and Europe. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage and restraint for sale to automotive manufacturers and Tier 1 suppliers (suppliers to automakers). The Company operates in approximately 21 strategic locations in nine countries and serves a various customer base.


TSX:XTC - Post by User

Post by TimeBuilderon Feb 16, 2022 6:38pm
234 Views
Post# 34435770

NCIB News Release

NCIB News Release

Exco Technologies Limited Announces Normal Course Issuer Bid

Globe Newswire - Tue Feb 15, 4:01PM CST
 

TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX: XTC) ("Exco" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has approved the Company's normal course issuer bid ("NCIB"). Under the NCIB, Exco has the right to purchase for cancellation, from February 18, 2022 to February 17, 2023, a maximum of 1,955,000 common shares, representing approximately 10% of the 19,646,779 shares forming Exco's public float as at February 15, 2022. As of February 15, 2022, Exco had 39,097,497 common shares issued and outstanding.

Read more at globenewswire.com

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