TSX:MPCT.DB - Post by User
Post by
ashcakeon Jan 31, 2023 4:32pm
453 Views
Post# 35257873
Share buyback plans
Share buyback plans Looks very promisingh for 2023 share proice appreciation iif a sizeable amount of the 6MM shares plus are bought back....
Curious why they only bought 124k shares of 4.6MM approved last year when stock was well belowe the $6 avg they paid???
The trust sought and received approval from the TSX on Jan. 18, 2022, to purchase up to 4,625,500 units for the period from Jan. 20, 2022, to Jan. 19, 2023. Under this bid, the trust purchased for cancellation 124,000 units through the facilities of the TSX at a weighted average price per unit of $6 for a total cost of approximately $700,000.