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Bullboard - Stock Discussion Forum Canadian Tire Ord Shs CDNAF


Primary Symbol: T.CTC Alternate Symbol(s):  T.CTC.A | CDNTF

Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. It operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a number of banners, including Canadian Tire, Canadian Tire Gas+ (Petroleum), Mark’s, PartSource, Helly Hansen, Party City in Canada, and various SportChek banners. The Financial Services... see more

TSX:CTC - Post Discussion

Canadian Tire Ord Shs > SHARE BUYBACK
View:
Post by Betteryear2 on Nov 11, 2021 7:54pm

SHARE BUYBACK

  • The Company intends to repurchase up to $400 million of its Class A Shares, in excess of the amount required for antidilutive purposes, by the end of fiscal 2022
  • The share repurchases would commence under its previously announced normal course issuer bid (the "2021-22 NCIB"), which expires on March 1, 2022, and will thereafter be renewed, subject to regulatory approval
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