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Bullboard - Stock Discussion Forum Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as... see more

TSXV:BEW - Post Discussion

Bewhere Holdings Inc > BEW NCIB Re-Initiated - Up to 4.3M Share Repurchase
View:
Post by kulewater on Jun 01, 2023 7:47pm

BEW NCIB Re-Initiated - Up to 4.3M Share Repurchase

BeWhere Holdings Inc. Announces Plans to Repurchase Common Shares

TORONTO, ON / ACCESSWIRE / June 1, 2023 / BeWhere Holdings Inc. (the "Corporation" or "BeWhere") announces that it has filed with the TSX Venture Exchange a Notice of Intention to Make a Normal Course Issuer Bid which is proposed to commence on June 7, 2023 and terminate on June 6, 2024 or the earlier of the date all shares which are subject to the Normal Course Issuer Bid are purchased.

In the opinion of the Board of Directors of BeWhere, the market price of the Common Shares of BeWhere does not accurately reflect the value of those shares. As a result, the Corporation intends to repurchase BeWhere's Common Shares that may become available for purchase at prices, which make them an appropriate use of funds of the Corporation.

BeWhere intends to attempt to acquire up to an aggregate of 4,391,349 of its Common Shares over the next 12-month period, representing approximately 5% of the issued and outstanding Common Shares of BeWhere.

Purchases subject to the Normal Course Issuer Bid will be carried out pursuant to open market transactions through the facilities of the TSX Venture Exchange and the price which the Corporation will pay for the Common Shares acquired by it will be the market price of the Common Shares at the time of acquisition. The Member through which the Normal Course Issuer Bid will be conducted is Echelon Wealth Partners, Toronto, Ontario. All Common Shares purchased by BeWhere under the Normal Course Issuer Bid will be cancelled.

Comment by Thebeginner2020 on Jun 15, 2023 11:55am
Cheerleader!!!
Comment by hrgoyal on Jun 15, 2023 12:26pm
kulewater on this board & same person with handle @basspilot at CEO.ca is the biggest cheerleader of management. He claim to hold 2M + shares but I doubt seriously if he held any share. Keep speculating & waiting for next Q. Never attend AGM. Never question management. Management has no interest in buying back shares. CEO told in AGM that company may buy 1% of share. That is not going to ...more  
Comment by Thebeginner2020 on Jun 16, 2023 4:08pm
I'm pretty sure it's the same person. XBC is a complete failure and this Basspilot vs Kulewater lacked the skill to see what was to come to XBC. It's a cheerleader! No objectivity in his arguments, just excessive optimism. Watch out for this profile!!
Comment by Thebeginner2020 on Jun 16, 2023 4:17pm
Moreover, Kulewater claims to have a better DD than all the others without even knowing that there is RFID tracking. I still have this ridiculous comment that answered me and it showed me that he knew nothing about the sector!!
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