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TWC Enterprises Ltd CLKXF


Primary Symbol: T.TWC

TWC Enterprises Limited is a Canada-based company engaged in golf club operations under the trademark ClubLink One Membership More Golf (ClubLink). The Company is the owner, operator and manager of golf clubs with 45.5, 18-hole equivalent championship and 2, 18-hole equivalent academy courses (including three managed properties), at about 35 locations in Ontario, Quebec and Florida. Its segments include Golf Club Operations Segment and Corporate Operations Segment. Its golf clubs are organized in clusters that are located in densely populated metropolitan areas and resort destinations frequented by those who live and work in these areas. It also offers golfers in their region a variety of membership, daily fee, corporate event and resort opportunities. ClubLink also has annual membership programs, and the product offerings include Players Card and Players Club in the Ontario/Quebec region as well as the ClubLink Card in the Florida region.


TSX:TWC - Post by User

Post by BlueHorseshoe90on Nov 03, 2022 11:16am
139 Views
Post# 35069761

Trudeau expected to propose new tax on stock buybacks

Trudeau expected to propose new tax on stock buybacks

https://financialpost.com/news/economy/economic-update-stock-buybacks

This would diminish the case for NCIB activity, which has been silent lately anyway. 

Sahi will have to buy shares personally if he wants more of the pie (other than through DRIP). 

Probably just as well. It was vulnerable to abuse many mgmt (as discussed here before) and bought many shares at prices above current levels. 

In any even, it makes no sense to simultaneously be buying shares through NCIB and distributing them through DRIP. 

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