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WALL FINANCIAL CORPORATION ANNOUNCES AMENDMENT OF NORMAL COURSE ISSUER BID
WALL FINANCIAL CORPORATION ANNOUNCES AMENDMENT OF NORMAL COURSE ISSUER BID Canada NewsW...
About this update from Wall Financial Corporation
[{"type":"text","content":"\n\n \n \n \n WALL FINANCIAL CORPORATION ANNOUNCES AMENDMENT 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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 21, 2024\n \n \n /CNW/ - WALL FINANCIAL CORPORATION (TSX: WFC) (the \"\n \n Company\n \n \") announced today that the Toronto Stock Exchange (the \"\n \n Exchange\n \n \") has approved an amendment to its previously approved normal course issuer bid (the \"\n \n Bid\n \n \") to allow the Company to purchase common shares by other means permitted by applicable securities laws, including by off exchange private agreement or in reliance on certain issuer bid exemptions set out in National Instrument 62-104 –\n \n Take-Over Bids and Issuer Bids\n \n (\"\n \n NI 62-104\n \n \"). No other terms of the Bid have been amended. The effective date of the amendment is\n \n June 21, 2024\n \n . To date, the Company has purchased 43,200 Shares for cancellation since the commencement of the Bid on\n \n March 18, 2024\n \n .\n \n \n \n \n \n \n \n \n \n The Bid, which began on\n \n March 18, 2024\n \n and will end no later than\n \n March 17, 2025\n \n , was approved by the Company's board of directors (the \"\n \n Board\n \n \") and by the Exchange and is made in accordance with the applicable rules and policies of the Exchange, and applicable Canadian securities laws. Under the Bid, Shares may be repurchased in open market transactions on the Exchange and/or alternative Canadian trading systems, or by such other means as may be permitted by applicable Canadian securities laws.\n \n \n The Company further announced today that it will purchase 80,000 common shares from a prior officer and director of the Company by way of an off exchange private agreement at a price of\n \n $19.00\n \n per common share for a total purchase price of\n \n $1,520,000\n \n (the \"\n \n Purchase\n \n \"). The Purchase satisfies the requirements of the\n \n Employee, executive officer, director and consultant exemption\n \n set out in section 4.7 of NI 62-104. The Purchase will b...