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Onex Corporation Announces $400 Million Share Buyback

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Onex Corporation Announces $400 Million Share Buyback

ONEX Corporation (TSE:ONEX) has released an update.

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Onex Corporation has launched a substantial issuer bid to repurchase up to $400 million of its subordinate voting shares, involving a modified Dutch auction with a tender price range of $105 to $112 per share. The offer represents approximately 5.2% of the company’s outstanding shares and will conclude on December 13, 2024.

For further insights into TSE:ONEX stock, check out TipRanks’ Stock Analysis page.

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