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CCL Industries (TSX:CCL.A) announces NCIB

Industrial
TSX:CCL.A
20 May 2022 09:45 (EDT)

CCL Industries Inc. (CCL.A) has received approval for a normal course issuer bid (NCIB).

The NCIB will commence on May 25, 2022, and end on May 24, 2023. The company may purchase 14,500,000 of its Class B non-voting shares. Under its current NCIB, the company has purchased 1,805,888 Class B non-voting shares on the open market at an average purchase price of $57.78 per share.

CCL Industries Inc manufactures and sells packaging and packaging-related products.

CCL Industries (CCL.A) opened trading at C$61.14.

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