Morguard renews TSX-approved buyback up to 5%
Morguard intends to renew its share repurchase program after the Toronto Stock Exchange approved plans to buy back up to 533,913 shares (up to 5% of public float) over one year.
Morguard plans to renew its share repurchase program, allowing it to buy back up to 5% of its shares over a one-year period. The Canadian real estate and property management company said on Thursday that the Toronto Stock Exchange has approved its plan to repurchase up to 533,913 shares.