Exco Technologies Limited Announces Normal Course Issuer Bid
TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX:XTC) (“Exco” or the “Company”) today announced that the Toronto Stock Exchange (“TSX”) has approved the Company’s normal course issuer bid (“NCIB”). Under the NCIB, Exco has the right to purchase for cancellation, from February 20, 2024 to February 19, 2025, a maximum of 1,780,000 common shares, representing 10% of the 17,801,394 shares forming Exco’s public float as at February 7, 2024. As of February 7, 2024, Exco had 38,861,212 common shares issued and outstanding.