Fairfax Financial Holdings (TSE:FFH) has released an update.
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Fairfax Financial Holdings has announced a share buyback program, signaling confidence in the value of its Subordinate Voting Shares and Preferred Shares, which they believe are currently undervalued. The Toronto Stock Exchange has approved Fairfax’s plan to repurchase shares within a set timeframe and under specific conditions. A designated broker will handle the transactions to ensure compliance with regulatory restrictions and the company’s internal trading policies.
For further insights into TSE:FFH stock, check out TipRanks’ Stock Analysis page.