Methanex rises on share buyback plan

Methanex

17/09/2021 16:38

** Shares of methanol producer  MX.TO  up 1.3% at C$53.48 in
early trading
    ** Board approves plan to purchase for cancellation up to
~3.8 mln common shares, representing 5% of the ~76.2 mln shares
issued and outstanding, as of Sept. 16, 2021  urn:newsml:reuters.com:*:nGNX9xKdqN
    ** Purchases will commence on Sept. 24 and end no later than
Sept. 23, 2022
    ** Stock down ~9% YTD

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))