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The latest update is out from DIRTT Environmental Solutions ( (TSE:DRT) ).
DIRTT Environmental Solutions announced its intention to initiate a normal course issuer bid (NCIB) to purchase up to approximately 3.89% of its common shares, commencing on December 20, 2024, and ending on December 19, 2025. The move is aimed at optimizing the use of corporate funds and potentially benefiting shareholders by purchasing shares at market prices, with all acquired shares to be immediately canceled.
More about DIRTT Environmental Solutions
DIRTT Environmental Solutions Ltd. is a leader in industrialized construction, offering a system of physical products and digital tools that enable organizations to create high-performing and adaptable interior environments. Operating in markets such as workplace, healthcare, education, and public sectors, DIRTT provides flexible and reconfigurable interior construction solutions.
YTD Price Performance: 80.0%
Average Trading Volume: 53,495
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $117.5M
For an in-depth examination of DRT stock, go to TipRanks’ Stock Analysis page.