DIRTT Environmental Solutions (DRT) has shared an announcement.
DIRTT Environmental Solutions Ltd. has received approval from the Toronto Stock Exchange to initiate a normal course issuer bid, allowing the company to repurchase certain percentages of its January and December convertible debentures. Starting August 28, 2024, the buyback program is set to run for a year, with the company aiming to manage market conditions and compliance with regulatory requirements. The repurchased debentures will be cancelled, and the company may use an Automatic Repurchase Plan to buy back debentures during internal trading blackout periods.
Learn more about DRT stock on TipRanks’ Stock Analysis page.
