Source: Clairvest Group Inc.
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  • Clairvest Group (CVG) has announced plans to launch a normal course issuer bid
  • The NCIB will commence on March 8, 2022, and end on March 7, 2023
  • The company may acquire a maximum of 761,551 shares
  • All common shares acquired will be cancelled
  • Clairvest Group Inc is a Canadian equity investment firm
  • Clairvest Group Inc. (CVG) opened trading at C$69.00 per share

Clairvest Group (CVG) has announced plans to launch a normal course issuer bid.

Purchases under the NCIB will commence on March 8, 2022, and end on March 7, 2023, or when the corporation has purchased the maximum number of shares allowed under the NCIB.

The company may acquire a maximum of 761,551 shares. On any given day during the NCIB, the corporation may purchase up to1,000 common shares.

A total of 3,631,532 common shares at a cost of approximately $40.9 million have been purchased under previous normal course issuer bids. 

In connection with the NCIB, the company has entered into an automatic repurchase plan with its designated broker. All common shares acquired will be cancelled.

Clairvest Group Inc is a Canadian equity investment firm.

Clairvest Group Inc. (CVG) opened trading at C$69.00 per share.

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