TFI International (TSE:TFII) has released an update.
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TFI International has announced the renewal of its normal course issuer bid, allowing the company to repurchase up to 7,918,102 common shares, or 10% of its public float. This strategic move, approved by the Toronto Stock Exchange, is aimed at enhancing shareholder value as the company leverages its financial resources. TFI International continues to be a leader in the North American transportation and logistics industry, trading under the symbol TFII.
For further insights into TSE:TFII stock, check out TipRanks’ Stock Analysis page.