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Stock impact report

Precision Drilling Announces Renewal of Normal Course Issuer Bid [Financial Post (Toronto, Ontario, Canada)]

Precision Drilling Corporation (PDS) 
Last precision drilling corporation earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Financial Post
CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. Precision Drilling Corporation ( Precision or the Company ) announced today that the Toronto Stock Exchange (the TSX ) has approved its intention to implement a normal course issuer bid ( NCIB ) for a portion of its common shares ( Common Shares ). Precision believes the NCIB continues to represent another tool for the Company to enhance the value of its underlying shares. Pursuant to the renewed NCIB, the Company has been authorized by the TSX to acquire up to a maximum of 1,359,108 Common Shares, or approximately 10% of the public float as of September 5, 2024, for cancellation. As of Show less Read more
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