Aecon Announces Renewal of Normal Course Issuer Bid
Aecon Group received TSX approval to renew its normal course issuer bid, authorizing the repurchase of up to 3.43 million common shares, representing 5% of its outstanding public float. The renewal follows the conclusion of the previous program, under which Aecon repurchased 228,550 shares at a weighted average price of $22.14.
Key figures
- Shares authorized
- 3426476
- Previous avg price
- 22.1405
- Percent outstanding
- 5%
- Total shares outstanding
- 68529529
- Previous shares purchased
- 228550
AI analysis
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