Goodfellow (TSE:GDL) has released an update.
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Goodfellow Inc. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the company to repurchase up to 10% of its public float over the next year. This strategic move is aimed at canceling shares to optimize the company’s capital and liquidity positions.
For further insights into TSE:GDL stock, check out TipRanks’ Stock Analysis page.