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The latest update is out from Miniluxe Holding Corp. ( (TSE:MNLX) ).
MiniLuxe Holding Corp., a company focused on enhancing shareholder value, has announced its intention to initiate a normal course issuer bid to repurchase up to 2,000,000 Class A subordinate voting shares through the TSX Venture Exchange. This move, subject to final approval, is aimed at capitalizing on moments when the market price does not reflect the company’s worth, thus utilizing financial resources to potentially boost shareholder value. The repurchase will be facilitated by Ventum Financial Corp. and will be conducted from February 14, 2025, to February 13, 2026, or until the desired amount is purchased.
More about Miniluxe Holding Corp.
YTD Price Performance: -7.00%
Average Trading Volume: 15,380
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$68.32M
See more insights into MNLX stock on TipRanks’ Stock Analysis page.
