Stock Buybacks
By The Online Investor Staff, updated Mon., Nov. 29, 6:20 PM
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Slide #3. Parkland Corporation
Company:
Parkland Corporation (TSE:PKI.CA)
Share Amount Authorized:
15,091,885
Buyback Details:
Parkland Corporation ("Parkland", "we", "our", or "the Company") (TSX: PKI) announced today that the Toronto Stock Exchange ("TSX") has accepted the Company's notice of intention to implement a normal course issuer bid (the "NCIB") during the 12-month period commencing December 1, 2021 and ending November 30, 2022. On November 25, 2021, Parkland had 152,457,236 common shares issued and outstanding. Under the NCIB, a maximum of 15,091,885 common shares (representing 10% of the public float of common shares as of November 25, 2021) may be repurchased by Parkland in open market transactions on the TSX during the 12-month period commencing December 1, 2021 and ending November 30, 2022.
Parkland Fuel is engaged in marketing, distributing and refining of fuel and petroleum products and a convenience retailer. Co. operates under five operating segments: Supply in Co.'s fuel contracts; Canada Retail operates a network of retail gas stations in Canada; International operates a retail service station internationally; Canada Commercial delivers bulk fuel, propane, heating oil, lubricants, agricultural inputs, oilfield fluids and other products and services to commercial, industrial and residential customers; and United States operates and services a network of retail service stations and delivers gasoline, distillates, propane and lubricating oils in the United States. 
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