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.
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