George Weston (TSE:WN) has released an update.
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George Weston Limited has initiated an automatic share purchase plan to facilitate the buyback of its common shares, in line with its normal course issuer bid approved by the Toronto Stock Exchange. This plan allows the company’s broker to buy shares during periods when Weston cannot trade, such as insider trading blackouts, without Weston having any material non-public information. George Weston, a multifaceted Canadian company with interests in grocery and real estate, continues to adhere to Canadian securities laws with this strategic financial move.
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