financetom
Business
financetom
/
Business
/
StorageVault Announces Normal Course Issuer Bid for Common Shares and Debentures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

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 >
Osino Resources Provides Update on Acquisition by Yintai Gold
Osino Resources Provides Update on Acquisition by Yintai Gold
Jun 20, 2024
12:02 PM EDT, 06/20/2024 (MT Newswires) -- Osino Resources ( OSIIF ) on Thursday provided an update on its $368-million acquisition by Yintai Gold. Yintai is offering for $1.90 in cash per Osino share. After receiving the third of three Chinese regulatory approvals on May 28, competition law clearance from the Namibia Competition Commission (NCC) remains the only outstanding approval...
Update: Citigroup Fined $13.9 Million by German Financial Watchdog Over Trading System Issues
Update: Citigroup Fined $13.9 Million by German Financial Watchdog Over Trading System Issues
Jun 20, 2024
12:03 PM EDT, 06/20/2024 (MT Newswires) -- (Updates with Citigroup's ( C ) comments in the fifth and sixth paragraphs.) Citigroup's ( C ) Citigroup Global Markets Europe AG unit has been hit with a nearly 13 million euro ($13.9 million) fine by Germany's Federal Financial Supervisory Authority over issues with its trading systems in 2022 that led to a...
US FDA proposes to remove switching study requirement for biosimilars
US FDA proposes to remove switching study requirement for biosimilars
Jun 20, 2024
June 20 (Reuters) - The U.S. Food and Drug Administration has proposed that biosimilar drugs seeking agency's interchangeable designation will no longer need studies showing the impact of switching between them and the branded drug. WHY IT'S IMPORTANT The designation allows pharmacists to substitute branded drugs with their close copies easily. AbbVie's ( ABBV ) top-selling arthritis drug Humira has...
Why Is Gilead Sciences Stock Trading Higher On Thursday?
Why Is Gilead Sciences Stock Trading Higher On Thursday?
Jun 20, 2024
Thursday, Gilead Sciences Inc ( GILD )  shared topline results from an interim analysis of its Phase 3 PURPOSE 1 trial indicating its twice-yearly injectable HIV-1 capsid inhibitor, lenacapavir, demonstrated 100% efficacy for the investigational use of HIV prevention in cisgender women. PURPOSE 1 study met its key efficacy endpoints of the superiority of twice-yearly lenacapavir to once-daily oral Truvada (emtricitabine...
Copyright 2023-2026 - www.financetom.com All Rights Reserved