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Wall Financial Secures TSX Approval to Amend Normal Course Issuer Bid
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Wall Financial Secures TSX Approval to Amend Normal Course Issuer Bid
Jun 24, 2024 4:09 AM

06:49 AM EDT, 06/24/2024 (MT Newswires) -- Wall Financial ( WFICF ) over the weekend said it has secured a green light from the Toronto Stock Exchange for an amendment to its previously approved normal course issuer bid.

The amendment allows the company to buy common shares by other means permitted by applicable securities laws, including by off exchange private agreement or in reliance on certain issuer bid exemptions. No other terms of the bid have been amended.

The effective date of the amendment is June 21. The company has bought 43,200 shares for cancellation since the start of the bid on March 18. The bid will end no later than March 17, 2025.

The company will buy 80,000 common shares from a prior officer and director of the company at $19 per common share for about $1.5 million.

The shares fell 1.6% on Friday to close at $19.28.

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