CI Financial (TSE:CIX) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
CI Financial Corp. has announced the successful completion of its substantial issuer bid, with 2,157,201 common shares tendered for cancellation at $18.25 each, totaling approximately $39.37 million. This buyback represents about 1.48% of their issued and outstanding shares, with no proration needed since the tendered shares were fewer than the maximum sought in the offer.
For further insights into TSE:CIX stock, check out TipRanks’ Stock Analysis page.