07:36 AM EST, 11/28/2024 (MT Newswires) -- Currency Exchange International, Corp. ( CURN ) on Thursday announced acceptance by the Toronto Stock Exchange of its notice of intention to make a normal course issuer bid and Automatic Securities Purchase Plan to purchase for cancellation a maximum amount of 316,646 common shares of the company, representing 5% of the issued and outstanding common shares as at November 18, 2024.

As of November 18, 2024, Currency Exchange ( CURN ) had 6,332,931 common shares issued and outstanding.

A statement noted purchases under the NCIB may commence on December 2, 2024 and will terminate on December 1, 2025 or at such earlier date in the event that the maximum number of shares sought in the NCIB has been repurchased. Currency Exchange ( CURN ) reserves the right to terminate the NCIB earlier if it feels that it is appropriate to do so.

CXI was up $0.32 or 1.4% at $22.82 yesterday, leaving at the low end of a 52 week range.