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Onex Buys Back 3.1% of Shares for $264.2 Million in Substantial Issuer Bid
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Onex Buys Back 3.1% of Shares for $264.2 Million in Substantial Issuer Bid
Dec 27, 2024 5:14 AM

07:55 AM EST, 12/27/2024 (MT Newswires) -- Onex ( ONEXF ) said Friday that it bought back 3.1% of its shares for $264.2 million in a substantial issuer bid that expired on Monday.

The company repurchased for cancellation 2.3 million outstanding subordinate voting shares at $117.00 apiece. The bid had authorized the company to repurchase for cancellation up to $400 million in shares.

Onex ( ONEXF ) invests and manages capital on behalf of its shareholders and clients across the globe.

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