Evertz Technologies (TSE:ET) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Evertz Technologies has received approval from the Toronto Stock Exchange for a Normal Course Issuer Bid to repurchase up to 3,797,308 of its common shares over the next year. The company believes its shares are undervalued and sees this as an attractive investment opportunity. All shares repurchased will be canceled, potentially boosting shareholder value.
For further insights into TSE:ET stock, check out TipRanks’ Stock Analysis page.