Coveo Solutions Advances Share Buyback Strategy

Coveo Solutions (TSE:CVO) has released an update.

Coveo Solutions Inc. has successfully completed a substantial issuer bid, purchasing shares for an aggregate price of C$50 million, and has now initiated a new normal course issuer bid to buy back additional shares over the next year. This strategic move will see up to 2,690,573 shares repurchased, consolidating Coveo’s market presence and potentially impacting shareholder value. The company’s recent activities also include implementing an automatic securities purchase plan, signaling a proactive approach in managing its share capital.

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