Normal-Course Issuer Bid-NCIB
网友投稿• 2022-01-05 16:21:00 •阅读82
The action of a company buying back its own outstanding shares from the markets so it can cancel them.
Taobiz explains Normal-Course Issuer Bid-NCIB
The amount the company may repurchase is subject to regulatory approval. Instead of holding shares, which fluctuate day to day in the market, a company will cancel the shares to add to its core value.
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