Canaccord Genuity Group Inc. Discloses Normal Course IssuerTo me this means several things:
1) The company knows and is confirming that the stock price is underpriced.
2) The company cares about its share price and its shareholders.
3) They may have plans that they know it will raise the stock price in the future.
4) There maybe a surprise in the waiting, maybe a purchaser on the horizon? or talks on a merger with a larger firm for their strong client base? if they bring the stock price to at least book value at $9 a premium would be even sweeter at the time of the merger or acquisition.