Morguard Announces Renewal of Normal Course Issuer Bid
What is the point?
"Under its previous normal course issuer bid, Morguard was approved to purchase up to 540,661 Common Shares. No Common Shares were purchased for cancellation during the last twelve months"
They go through the same nonsense every year for nothing.
In the last year the shares have regularly traded in the $100 to $110 range without Morguard buying a single share.