Interfor Renews Normal Course Issuer Bid

Interfor Renews Normal Course Issuer Bid

Under TSX rules, Interfor will be allowed to purchase daily a maximum of 50,234 common shares, representing 25% of the average daily trading volume of the Company’s common shares over the six-month period ending October 31, 2023 (200,937), subject to certain exemptions for block purchases. As of October 30, 2023, the Company had 51,444,803 common shares issued and outstanding. All purchases will be made through open market transactions through t…

Interfor Renews Normal Course Issuer Bid

BURNABY, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION ("Interfor" or the "Company") (TSX:IFP) announced today that the Toronto Stock Exchange ("TSX") has approved the renewal by the Company of its Normal Course Issuer Bid ("NCIB"). The NCIB will allow for the purchase during the twelve-month period commencing on November 13, 2023 and ending on November 12, 2024 of up to 5,100,812 common shares, which represents 10% …