George Weston Limited (TSE:WN) has released an update.
George Weston Limited has initiated an automatic share purchase plan to facilitate the repurchase of its common shares, enhancing shareholder value. This plan allows for share purchases during periods when the company is not active in the market due to regulatory restrictions. The move follows the company’s approval to buy back approximately 5% of its outstanding shares, underscoring its commitment to strategic capital allocation.
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