Brief: Mainstreet to repurchase up to C$43.2 mln of common shares

Mainstreet Equity

02/03/2016 12:00

March 2 (Reuters) - Mainstreet Equity Corp  MEQ.TO : 
 * Intends to repurchase up to CDN$43.2 million of its common shares through a 
   substantial issuer bid 
 * Says Mainstreet will fund the purchase of the shares with cash on hand 
 * Will offer to purchase for cancellation up to 1.2 million of its outstanding 
   common shares at $36.00 per share 
 
* Source text for Eikon  ID:nCNWn4Gd5a  
 
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