CA - Chesswood Group to conduct normal course issuer bid for ~1M shares
- Chesswood Group ( OTCPK:CHWWF ) ( TSX: CHW:CA ) intends to conduct a normal course issuer bid to enable it to purchase up to 1,033,781 shares.
- CHWWF has 17,802,179 shares outstanding, and the total shares to be purchased represents ~10% of the public float of 10,337,818 shares as of Jan. 13.
- The normal course issuer bid will commence on Jan. 25 and is expected to terminate on the earlier of Jan. 24, 2024.
- The company has entered into an automatic share purchase plan agreement with a broker for the purchase.
- Chesswood will make purchases on the open market at prevailing market prices.
- Source: Press Release
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Chesswood Group to conduct normal course issuer bid for ~1M shares