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ELEEF - Element Fleet Management to renew normal course issuer bid
Element Fleet Management Corp
The Toronto Stock Exchange approved Element Fleet Management's ( OTCPK:ELEEF ) ( TSX: EFN:CA ) notice relating to the renewal of the company's normal course issuer bid.
The move furthers the company's capital return strategy.
The company may purchase up to 39.23M shares, representing ~10% of the public float, during the period commencing Nov. 15 and ending Nov. 14, 2023.
The daily purchases under the NCIB will be limited to 203,283 shares.