Global Innovation Dividend Fund (TSX:BL.UN) announces an Equity Buyback for 730,420 shares, representing 9.93% of its issued share capital.
April 09, 2019 at 05:00 am
Global Innovation Dividend Fund (TSX:BL.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 730,420 shares, representing 9.93% of its issued shares capital. The repurchased shares will be held in treasury and further resold. The company has received approval from the Toronto Stock Exchange for the bid. The bid will commence on April 13, 2019, and expire on April 12, 2020. As on March 29, 2019, the company had 7,358,500 shares issued and outstanding.