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DSGX - Descartes Systems Group to launch 7.39M share buyback
The Descartes Systems Group Inc.
Descartes Systems Group (NASDAQ:DSGX) to launch a buyback of up to ~7.39M common shares, representing ~8.7% of shares and ~10% of the public float. As of May 31, 2022, company had ~84.78M issued and outstanding common shares and a public float of ~73.89M common shares. Daily purchases on the TSX pursuant to the bid will be limited to 49,304 common shares, other than purchases made pursuant to the block purchase exception.