ADF Group Inc T.DRX

Last announcement

[InvestorDude46]

Did someone else saw this information in the last announcement of the corporation ?
Are the talking about a new share repurchase ? I'm not quite sure as the information doesn't appear in the French statement.

Forward-Looking Statements | This press release contains forward-looking statements that reflect ADF's objectives and expectations. These statements are identified by words such as "expects" as well as by the use of future and conditional verb tenses and include, but are not limited to, the Corporation's intention to repurchase up to 3,000,000 Subordinate Voting Shares of the Corporation. By their nature, these statements involve risks and uncertainties. In particular, there can be no assurance that an agreement will be reached between the parties with respect to the proposed repurchase. Consequently, actual facts may differ from ADF's expectations.

 

[Daudau11]

O wow I read the PR but didnt read the forward statements below it.  Good catch!!!  So I was right they do plan to do a buyback of shares and this time it isnt their own.  I guess they just wanted to be cautious and do it after elections and more visibility on their backlogs.   GLTA.