GOOS - Canada Goose announces renewal of normal course issuer bid

2023-11-20 06:44:19 ET

• Toronto Stock Exchange has approved Canada Goose Holdings ( NYSE: GOOS ) renewal of its normal course issuer bid. The bid provides for the purchase for cancellation of up to 4,980,505 subordinate voting shares (represents approximately 10% of the 49,805,058 subordinate voting shares comprising the public float) of the company over the twelve-month period commencing on November 22, 2023 and ending no later than November 21, 2024
• As at November 10, 2023, there were 49,917,029 subordinate voting shares issued and outstanding.
• The company believes that the purchase of the Company’s subordinate voting shares under the NCIB is an appropriate and desirable use of available excess cash on hand, as part of its broader capital allocation strategy.
• Source: Press Release

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