- Enterprise Group (E) is renewing its normal course issuer bid (NCIB)
- Between August 22, 2022 and August 29, 2023, the company is authorized to purchase up to 2,401,064 shares for cancellation
- Daily purchases under the bid will be limited to 13,799 shares
- Under its current bid, the company has purchased a total of 1,663,000 shares
- Enterprise Group is a consolidator of services-including specialized equipment rental to the energy/resource sector
- Enterprise Group Inc. (E) opened trading at C$0.41
Enterprise Group (E) is renewing its normal course issuer bid (NCIB).
Between August 22, 2022 and August 29, 2023, the company is authorized to purchase up to 2,401,064 shares, representing 10 per cent of its public float.
Daily purchases under the bid will be limited to 13,799 shares.
All shares purchased under this bid will be cancelled.
Under its current bid, the company has purchased a total of 1,663,000 shares at an average price of $0.29 per share.
Enterprise’s Board of Directors believes that the purchase of the shares is in the best interest of shareholders and marks an appropriate use of the company’s funds.
Enterprise Group is a consolidator of services-including specialized equipment rental to the energy/resource sector.
Enterprise Group Inc. (E) opened trading at C$0.41.