Source: Northfield Capital Corporation
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  • Northfield Capital Corporation (NFD.A) has announced a normal course issuer bid
  • Between January 23, 2023, and January 22, 2024, Northfield may purchase up to 110,738 Class A restricted voting shares for cancellation
  • Northfield is an investment company with interests in the technology, manufacturing and resource industries
  • Class A restricted voting shares of Northfield Capital Corporation (NFD.A) opened trading at C$31.00

Northfield Capital Corporation (NFD.A) has announced a normal course issuer bid through the facilities of the TSX Venture Exchange.

Under the bid, Northfield Capital may purchase up to 110,738 Class A restricted voting shares for cancellation between January 23, 2023, and January 22, 2024.

Northfield has retained Leede Jones Gable Inc. to effect purchases on its behalf pursuant to the bid.

Northfield believes that its Class A restricted voting shares are undervalued at their current market prices and that the purchase of Class A restricted voting shares represents a prudent use of funds.

Under its previous bid, Northfield repurchased for cancellation 13,550 Class A restricted voting shares at an average price of approximately $37.29.

Northfield is an investment company with interests in the technology, manufacturing and resource industries.

Class A restricted voting shares of Northfield Capital Corporation (NFD.A) opened trading at C$31.00.


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