Tree Island Steel (TSE:TSL) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tree Island Steel has received approval to renew its normal course issuer bid, allowing it to repurchase up to 1.3 million of its common shares, which is about 5% of its total shares. This decision reflects the company’s belief that buying back shares at the current market price is a smart use of its funds and beneficial for shareholders.
For further insights into TSE:TSL stock, check out TipRanks’ Stock Analysis page.
