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Bullboard - Stock Discussion Forum Loblaw Companies Ltd T.L.PR.B


Primary Symbol: T.L Alternate Symbol(s):  LBLCF | LBLPF

Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services. The Company’s segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail... see more

TSX:L - Post Discussion

Loblaw Companies Ltd > NORMAL COURSE ISSUER BID PROGRAM ("NCIB")
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Post by Betteryear2 on Feb 22, 2024 12:58pm

NORMAL COURSE ISSUER BID PROGRAM ("NCIB")

On a full-year basis, the Company repurchased 14.5 million common shares for cancellation at a cost of $1,729 million.

From time to time, the Company participates in an automatic share purchase plan ("ASPP") with a broker in order to facilitate the repurchase of the Company's common shares under its NCIB. During the effective period of the ASPP, the Company's broker may purchase common shares at times when the Company would not be active in the market.

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