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StorageVault Announces Normal Course Issuer Bid for Common Shares and Debentures
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StorageVault Announces Normal Course Issuer Bid for Common Shares and Debentures
Mar 19, 2025 5:38 AM

08:21 AM EDT, 03/19/2025 (MT Newswires) -- StorageVault Canada ( SVAUF ) , which lost 2.75% on Tuesday, said it will begin a Normal Course Issuer Bid for shares and debentures on March 21.

The company may buy back up to 18.3 million shares, $3.75 million of its debentures due Jan. 31, 2026, $2.8 million of its debentures due Sept. 30, 2026, and $7.5 million of its debentures due March 31, 2028.

StorageVault purchased 11.2 million shares at a volume weighted average price of $4.14 each in its current NCIB that terminates on Thursday. The company hasn't bought back any debentures in the current NCIB.

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