Post by
ranforurlife on May 27, 2020 6:45am
re: Buyback Plan in Place for 5% of O/S shares
This is how it reads, I have said this was planned and now its confirmed. International Cannabrands Inc. dba Radiko Holdings (CSE: RDKO) (the "Company") is pleased to announce its intention to commence a normal course issuer bid ("NCIB"), under which the Company may purchase, from surplus cash flow anticipated by the Company's recently acquired BioNeva asset, up to 21,793,023 of the Company's common Shares, representing approximately 5% of its issued and outstanding common shares.
Comment by
Taur0424 on May 27, 2020 7:41am
Totally agree with you Mairsy! It wasn't my first choice when I reply to your post a day ago but when reading the NR it totally make sens. I really like what I have red in the NR. Thanks a lot, I added some shares end of day yesterday :).