Firan Tech Announces Share Buyback Approval
Company Announcements

Firan Tech Announces Share Buyback Approval

Story Highlights

Firan Tech (TSE:FTG) has released an update.

Firan Technology Group Corporation has announced the TSX’s approval of their renewed Normal Course Issuer Bid (NCIB), allowing them to buy back up to 5% of their common shares over the next year. This move is seen as a beneficial use of corporate funds and reflects the company’s confidence in their financial health. The repurchase of shares is in line with TSX rules and is set to start on August 26, 2024.

For further insights into TSE:FTG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskFiran Tech Reports Record-Breaking Q3 Financials
TipRanks Canadian Auto-Generated NewsdeskFiran Tech Soars with Record Q3 Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App