Choice Properties Real Estate Investment Trust (TSX:CHP.UN) announces an Equity Buyback for 25,846,904 shares, representing 7.91% of its issued share capital.
November 17, 2020 at 08:30 am EST
Choice Properties Real Estate Investment Trust (TSX:CHP.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 25,846,904 trust units, representing 7.91% of its issued share capital. The repurchased shares will be cancelled or used in connection with the company’s equity settled incentive plans. The bid will terminate on November 18, 2021. As at November 6, 2020, the company had 326,941,663 issued and outstanding trust units.