• MINT Income Fund (MID.UN) has received approval for a normal course issuer bid (NCIB)
  • Between May 25, 2022 and May 24, 2023, the fund may purchase a maximum of 1,346,188 units
  • Under its current NCIB, the fund has purchased 36,800 units at an average price of $6.66 per unit
  • MINT Income Fund is a closed-end investment trust
  • MINT Income Fund (MID.UN) opened trading at C$6.78

MINT Income Fund (MID.UN) 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 fund may purchase a total of up to 1,346,188 units. The fund may purchase a maximum of 269,627 units over a 30-day period.

Under its current NCIB, the fund has purchased 36,800 units at an average price of $6.66 per unit.

The fund trades on the Toronto Stock Exchange under the symbol MID.UN.

MINT Income Fund (MID.UN) opened trading at C$6.78.

More From The Market Online

Sun Life misses core profit estimates for first time in 12 quarters

Sun Life (TSX:SLF) faces a setback as it reports its Q1 2024 results, missing core profit estimates for the first time in 12 quarters.

How to interpret movements in the price of gold

With gold doubling since 2019, it's a good time for a refresher on what gold price fluctuations tell us about current and future investments.

Google’s Alphabet stock jumps on better-than-expected Q1 revenue

Shares of Google owners Alphabet (NDAQ:GOOG) were up nearly 12 per cent in premarket Friday trading after releasing Q1 2024 earnings.