- Transcontinental (TCL.A) is renewing its Normal Course Issuer Bid
- Between October 3, 2022, and October 2, 2023, Transcontinental may purchase for cancellation up to 1,000,000 of its Class A Subordinate Voting Shares and up to 191,343 of its Class B Shares
- The company may purchase a daily maximum of 1,000 shares and 1,000 Class B Shares
- TC Transcontinental is a leader in flexible packaging in North America and Canada’s largest printer
- Transcontinental Inc. – Class A shares opened trading at C$16.09
Transcontinental (TCL.A) is renewing its Normal Course Issuer Bid.
Between October 3, 2022, and October 2, 2023, Transcontinental may purchase for cancellation up to 1,000,000 of its Class A Subordinate Voting Shares and up to 191,343 of its Class B Shares.
The company may purchase a daily maximum of 1,000 shares and 1,000 Class B Shares.
The corporation believes that the NCIB constitutes an appropriate use of its funds to increase long-term shareholder value.
Under the previous normal course issuer bid, Transcontinental purchased 401,000 Class A Subordinate Voting Shares at a weighted average price of $17.43 and no Class B Shares.
TC Transcontinental is a leader in flexible packaging in North America and Canada’s largest printer.
Transcontinental Inc. – Class A shares opened trading at C$16.09.