Calian Group Ltd. (TSE:CGY) has released an update.
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Calian Group Ltd., a diversified provider of healthcare, communications, learning, and cybersecurity solutions, has announced the immediate reinstatement of its share buyback program under the existing normal course issuer bid, signaling strong confidence in the company’s value and growth potential. This strategic move comes after a pause and is backed by Calian’s robust second quarter results, successful completion of four acquisitions, and the promising start of a three-year strategic plan. The company believes the current market price does not reflect its intrinsic value and has already repurchased shares worth $3.0 million.
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