Source: Sienna Senior Living Inc.
  • Sienna Senior Living (SIA) is renewing its normal course issuer bid
  • Sienna intends to acquire up to 3,644,975 of its shares for cancellation over the next 12 months
  • Daily purchases are limited to a daily maximum of 83,079 shares
  • The bid will commence on June 20, 2022, and end on June 19, 2023
  • Sienna Senior Living is one of the largest owners of seniors’ housing and the largest licensed long-term care operator in Ontario

Sienna Senior Living (SIA) has announced its intention to renew its normal course issuer bid.

Sienna intends to acquire up to 3,644,975 of its shares for cancellation over the next 12 months. Purchases under the NCIB will be made through the facilities of the TSX.

Daily purchases under the NCIB are limited to a daily maximum of 83,079 shares.

All shares purchased under the NCIB will be cancelled.

The bid will commence on June 20, 2022 and end on June 19, 2023.

No shares were purchased under Sienna’s previous NCIB which ended on April 4, 2022.

Sienna Senior Living Inc. offers a full range of seniors’ living options, including independent living, assisted living, long-term care, and specialized programs and services.

Sienna Senior Living Inc. (SIA) opened trading at C$12.77.

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