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United Corporations Limited (TSX:UNC) renews NCIB

Finance, Market News
TSX:UNC
07 March 2023 08:30 (EDT)

United Corporations Limited (UNC) is renewing its normal course issuer bid (NCIB).

Between March 9, 2023, and March 8, 2024, the company may purchase up to 580,102 of its common shares for cancellation. 

Under the bid, the company may purchase up to 1,000 shares per day.

Under the previous bid, the company purchased a total of 24,400 shares at an average price of $92.91 per share.

The bid is expected to benefit shareholders by increasing their equity interest in the company.

About United Corporations Limited

United Corporations is a publicly-traded investment corporation that invests in common equities worldwide. The company’s investment portfolio consists mainly of foreign equities. 

United Corporations Limited (UNC) opened trading at C$102.91.


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