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Black Diamond Group (TSX:BDI) announces NCIB

Real Estate
TSX:BDI
10 March 2022 08:45 (EDT)

Black Diamond Group Limited (BDI)  has announced plans to renew its normal course issuer bid.

Purchases under the NCIB will commence on March 14, 2022 and end on March 13, 2023.

The company may acquire a maximum of 4,324,520 shares.

On any given day during the NCIB, the corporation may purchase up to 15,574 shares.

All common shares purchased under the NCIB will be cancelled.

During the prior NCIB, which ended on January 14, 2022, the company purchased 69,260 common shares at an average price of approximately $3.61 per share.

The Company has engaged Raymond James Ltd. to act as broker and to administer the NCIB.

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. 

Black Diamond Group Limited (BDI) opened trading at C$4.35 per share.

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