Brief: AutoCanada Announces Intention To Commence Substantial Issuer Bid
28/06/2022 12:45
June 28 (Reuters) - AutoCanada Inc ACQ.TO :
* AUTOCANADA ANNOUNCES INTENTION TO COMMENCE SUBSTANTIAL
ISSUER
BID
* AUTOCANADA INC - WILL OFFER TO PURCHASE UP TO $100 MILLION
OF
OUTSTANDING COMMON SHARES FROM SHAREHOLDERS AT NOT LESS THAN $22
AND NOT MORE THAN $25/SHARE
Source text for Eikon: ID:nCNWj0sr7a
Further company coverage: ACQ.TO
Recent news on Autocanada
See all newsBrief: Autocanada Announces Election Of Directors And Voting Results
Canada's AutoCanada Q1 revenue falls on lower new vehicle sales
Brief: Autocanada Appoints Mike Woodward As Chief Financial Officer
Canada Stocks: TSX futures inch lower as Middle East tensions, volatile oil keep markets on edge
Canada Research Roundup: Autocanada, Interfor, Power Corporation of Canada