08:05 AM EDT, 06/04/2024 (MT Newswires) -- Aimia ( AIMFF ) on Tuesday said the Toronto Stock Exchange approved its plan to buy back up to 7 million common shares, 10% of the public float.
The buy back will run from June 6 and end by June 5 next year. The company didn't repurchase any of its common shares during the last 12 months.
The shares rose 1.8% on Monday to close at $2.87.