Enerflex (EFXT) announced board approval to implement a normal course issuer bid. The company intends to make an application to the Toronto Stock Exchange to implement a NCIB that would permit the company to purchase for cancellation, through the facilities of the TSX, alternative Canadian trading systems or the New York Stock Exchange, common shares representing up to 5% of the public float over a period of twelve months. The NCIB is subject to acceptance by the TSX and will be conducted in accordance with the rules and policies of the TSX and applicable securities laws.
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Read More on EFXT:
- Enerflex Announces Leadership Change and Reaffirms 2025 Outlook
- Enerflex Announces Share Buyback Program to Boost Shareholder Value
- Enerflex Earnings Call Highlights Strong Performance Amid Caution
- Enerflex price target raised to C$17.75 from C$17 at Raymond James
- Enerflex price target lowered to C$16 from C$20 at BMO Capital
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