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CT Real Estate Investment Trust Enters into Automatic Purchase Plan in connection with its Normal Course Issuer Bid
CT Real Estate Investment Trust Enters into Automatic Purchase Plan in connection with its Normal...
About this update from Ct Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n CT Real Estate Investment Trust Enters into Automatic Purchase Plan in connection with its Normal Course Issuer Bid\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Sept. 7, 2023\n \n \n /CNW/ - CT Real Estate Investment Trust (\"CT REIT\") (TSX: CRT.UN) announced today that it has entered into an automatic purchase plan (\"APP\") agreement with a designated broker to facilitate purchases of CT REIT's units (\"Units\") under its previously announced normal course issuer bid (\"NCIB\"). CT REIT previously announced that it had received approval from the Toronto Stock Exchange to purchase Units under the NCIB in accordance with its terms during the 12-month period commencing November 29, 2022 and terminating\n \n November 28, 2023\n \n .\n \n \n During the effective period of CT REIT's APP, CT REIT's designated broker may purchase Units at times when CT REIT ordinarily would not be active in the market due to its own internal trading blackout periods and insider trading rules. Purchases under the APP will be made by CT REIT's designated broker based upon parameters set by CT REIT when it is not in possession of any material non-public information about itself or its securities, and in accordance with the terms of the APP. Outside of the effective period of the APP, Units may continue to be purchased under the NCIB at CT REIT's discretion, subject to applicable Canadian securities laws and stock exchange rules. The APP has been entered into in accordance with the requirements of applicable Canadian securities laws and stock exchange rules.\n \n \n \n Forward-Looking Statements\n \n \n \n This press release contains forward-looking statements and information that reflect management's current expectations concerning the timing and methods of any purchases of Units under the NCIB, including by way of the APP. Forward-looking statements are p...