CMG Announces Renewal of Normal Course Issuer Bid and Automatic Share Purchase Plan
Computer Modelling Group renewed its Normal Course Issuer Bid, authorizing the repurchase of up to 3,862,095 shares — 10% of its public float — over the 12 months to November 16, 2027. CMG also entered an automatic share purchase plan allowing repurchases during blackout periods, with purchases capped at 36,196 shares per day.
Key figures
- Shares Offered
- 3862095
- Avg daily volume
- 144784
- Ncib pct of float
- 10%
- Daily limit shares
- 36196
- Shares outstanding
- 73579614
- Sib pct outstanding
- 5.7%
- Sib price per share
- C$4.50
- Sib shares purchased
- 4444444
- Expiring ncib avg price
- C$4.61
- Expiring ncib repurchased
- 4760700
AI analysis
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