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Restaurants operating company MTY Food Group ( TSX: MTY:CA ) ( OTCPK:MTYFF ) said on Thursday that it is renewing its normal course issuer bid.
The company is expected to purchase for cancellation up to 1.2M shares through July 2, 2024, representing ~5% of the 24.4M outstanding shares as at June 19.
Under the previous normal course issuer bid, the company was authorized to purchase 1.2M shares.