Computer Modelling Group Ltd. (CMG) To Buy ~4.44M Shares at C$4.50 in Oversubscribed SIB
CMG announced preliminary SIB results: expects to repurchase ~4,444,444 shares at C$4.50 for ~C$20M, about 5.7% of pre-offer shares, with ~84% proration for auction/purchase price tenders. Post-offer shares expected at ~73.6M.Material DetailsContext by AI AnalystThis is a capital return step consis…