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