financetom
Business
financetom
/
Business
/
George Weston Gets Approval from Stock Exchange for Normal Course Issuer Bid
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
George Weston Gets Approval from Stock Exchange for Normal Course Issuer Bid
May 26, 2025 1:16 PM

08:14 AM EDT, 05/23/2025 (MT Newswires) -- George Weston (WN.TO) on Friday said the Toronto Stock Exchange approved its normal course issuer bid (NCIB).

The company may buy up to 6.4 million common shares, or about 5% of the issued and outstanding shares, during the 12-month period beginning on May 27.

Wittington, which holds about 59% of George Weston's issued and outstanding common shares, will be allowed to participate in the NCIB in a fixed proportion equal to 50% of its pro rata stake, the company said. George Weston added that it will be permitted to buy its common shares from Wittington in the fixed proportion on any given trading day pursuant to the NCIB, in accordance with an exemption granted by the TSX.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Apollo Offers to Partially Fund New York Sun Owner's Bid to Acquire Daily Telegraph
Market Chatter: Apollo Offers to Partially Fund New York Sun Owner's Bid to Acquire Daily Telegraph
Nov 26, 2024
03:13 PM EST, 11/26/2024 (MT Newswires) -- Apollo Global Management ( APO ) has offered to fund a portion of the New York Sun owner Dovid Efune's 550 million pound ($690.1 million) takeover bid for the Daily Telegraph, Sky News reported Tuesday, citing sources. According to the report, the firm has held initial talks with Efune and his advisers on...
Regeneron Pharmaceuticals Unusual Options Activity
Regeneron Pharmaceuticals Unusual Options Activity
Nov 26, 2024
Investors with a lot of money to spend have taken a bullish stance on Regeneron Pharmaceuticals ( REGN ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Marvell Technology's Computing, Networking Segments to Drive Q3 Upside, Q4 Outlook, Oppenheimer Says
Marvell Technology's Computing, Networking Segments to Drive Q3 Upside, Q4 Outlook, Oppenheimer Says
Nov 26, 2024
03:02 PM EST, 11/26/2024 (MT Newswires) -- Marvell Technology ( MRVL ) is due to report fiscal Q3 results on Dec. 3 and Oppenheimer analysts said Tuesday they see upside potential on the Q3 print and Q4 outlook driven by custom computing and networking segments. The investment firm said in an earnings preview it expects AI projects like Trainium, Inferentia,...
Sezzle Insider Sold Shares Worth $3,693,634, According to a Recent SEC Filing
Sezzle Insider Sold Shares Worth $3,693,634, According to a Recent SEC Filing
Nov 26, 2024
03:23 PM EST, 11/26/2024 (MT Newswires) -- Paul Martin Purcell, Former Director, on November 22, 2024, sold 7,981 shares in Sezzle ( SEZL ) for $3,693,634. Following the Form 4 filing with the SEC, Purcell has control over a total of 61,415 shares of the company, with 61,415 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1662991/000186499124000066/xslF345X05/primary_doc.xml Price: 419.98, Change: -44.02, Percent Change: -9.49...
Copyright 2023-2026 - www.financetom.com All Rights Reserved