Loblaw Companies Limited Enters into Automatic Share Purchase Plan to Purchase Common Shares of EQB
Loblaw Companies Limited has entered into an automatic share purchase plan to facilitate the acquisition of additional common shares of EQB Inc., following the sale of President’s Choice Bank to EQB. The plan authorizes the purchase of up to an aggregate of 10.6 million EQB shares, representing a maximum ownership of 24.90%, which includes the 8.46 million shares already held by Loblaw.
Key figures
- Eqb max ownership pct
- 24.90%
- Eqb max shares target
- 10600000
- Eqb shares owned prior
- 8457601
- Eqb shares excluded relief
- 7237601
AI analysis
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