VersaBank Gets TSX Approval to Renew Normal Course Issuer Bid
VersaBank has received approval from the Toronto Stock Exchange to renew its Normal Course Issuer Bid for its common shares. The company plans to repurchase up to 9.14% of its public float, which is 2,000,000 shares. The move is seen as a way to allocate capital prudently during market volatility.
Tickers: $VBNK
Topics: capital allocation market volatility NCIB renewal stock buyback Toronto Stock Exchange