Business
Taiga Press Release Announcing Extension of Normal Course Issuer Bid
Taiga Press Release Announcing Extension of Normal Course Issuer Bid Canada NewsWire ...
About this update from Taiga Building Products Ltd.
[{"type":"text","content":"\n \n \n \n Taiga Press Release Announcing Extension of 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n BURNABY, BC\n \n \n ,\n \n \n Aug. 31, 2023\n \n \n /CNW/ - Taiga Building Products Ltd. (\"\n \n Taiga\n \n \" or the \"\n \n Company\n \n \") (TSX: TBL) would like to clarify a typographical error made in the first and second paragraph of its press release dated\n \n August 29, 2023\n \n . The first paragraph stated that Taiga's new normal course issuer bid (the \"\n \n 2023 NCIB\n \n \") will terminate on\n \n August 31, 2024\n \n or earlier if Taiga has completed its purchases of the securities subject to the 2023 NCIB. The second paragraph stated that the common shares of the Company (the \"\n \n Common Shares\n \n \") acquired pursuant to the 2023 NCIB will be subject to a daily maximum of 4,247 Common Shares, being 25% of the average daily trading volume for the last six completed calendar months of 16,990 Common Shares, subject to the block purchase exemption.\n \n \n \n \n \n \n \n \n \n The correct expiry date for the 2023 NCIB is\n \n August 30, 2024\n \n and the correct amount for the daily maximum of Common Shares which may be acquired pursuant to the 2023 NCIB is 4,044 Common Shares, being 25% of the average daily trading volume for the last six completed calendar months of 16,178 Common Shares, subject still to the block purchase exemption.\n \n \n \n \n Forward-Looking Information\n \n \n \n \n This news release contains forward-looking information that is based on current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking information does not guarantee future performance and involves risks, uncertainties and assumptions which are difficult to predict and which may cause Taiga's actual results in future periods to ...