Aimia Inc. (TSE:AIM) has released an update.
Aimia Inc. has announced an agreement to repurchase 1.3 million common shares from Milkwood Capital at a price tied to their recent average on the Toronto Stock Exchange. This repurchase is part of a previously disclosed settlement and counts towards the company’s allowable share buyback within a one-year timeframe. Aimia is focused on growth and creating shareholder value via its specialty chemicals and rope and netting solutions businesses.
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