Algoma Steel Group Announces Renewal of Normal Course Issuer Bid [Financial Post (Toronto, Ontario, Canada)]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Financial Post
SAULT STE. MARIE, Ontario, Aug. 29, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company's intention to renew its normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) and a portion of its warrants (“Warrants”) to purchase shares as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares and Warrants may not, from time to time, fully reflect their value and accordingly the purchase of Shares and Warrants would be in the best interests of the Company and an attractive use of available funds.” Pursuant to the NCIB, the Company may acquire, from time to time, over a period of 12 months starting September 5, 2024 and ending September 4, 2025, up to a maximum of 5,206,153 of its Shares, or 5% o
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News
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- Algoma Steel Group Reports Fiscal Second Quarter 2025 Financial ResultsGlobeNewswire
- With 60% ownership of the shares, Algoma Steel Group Inc. (NASDAQ:ASTL) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Earnings To Watch: Algoma Steel Group Inc (TSX:ASTL) Reports Q2 2025 Result [Yahoo! Finance]Yahoo! Finance
ASTL
Earnings
- 11/6/24 - Miss
ASTL
Sec Filings
- 11/8/24 - Form SC
- 11/7/24 - Form 6-K
- 11/5/24 - Form SC
- ASTL's page on the SEC website