Thinkific Labs (TSE:THNC) has released an update.
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Thinkific Labs Inc., a prominent online learning platform, has replaced its existing automatic share purchase plan with a new one, enabling the company to buy back shares even during blackout periods. This new plan is set to enhance Thinkific’s share buyback capabilities up to the predetermined maximum limit, aiming to cancel the repurchased shares. The initiative is part of their Normal Course Issuer Bid and aligns with the company’s insider trading policy and market regulations.
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