The Online Investor

Slideshow Stock Buybacks

By The Online Investor Staff, updated Sun., Dec. 15, 10:00 AM

Slide #3. Artis Real Estate Investment Trust

Company: Artis Real Estate Investment Trust (AX.PR.A.CA)
Share Amount Authorized: 338,730
Buyback Details: Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis" or the "REIT") announced today that it has received approval from the Toronto Stock Exchange ("TSX") to renew its normal course issuer bid (the "Bid") for a further year. Under the terms of the Bid, Artis may purchase up to 10% of the public float of trust units ("Units") and preferred units ("Preferred Units"). A maximum of 25% of the average daily trading volume may be purchased by Artis on any one day under its normal course issuer bid, except where purchases are made in accordance with "block purchases" exemptions under applicable TSX policies. Purchases pursuant to the Bid will be made through the facilities of the Toronto Stock Exchange. Artis will pay the market price at the time of acquisition for any Unit or Preferred Unit purchased through the facilities of the TSX and all Units and Preferred Units acquired by the REIT under this Bid will be cancelled. The period of the normal course issuer bid will extend from December 17, 2019, to December 16, 2020, or an earlier date, should Artis complete its purchases. Additional information pertaining to Units and each series of Preferred Units is as follows (info contained in a chart)

  Artis Real Estate Investment Trust: trading symbol AX.PR.A.CA
 

Open the AX.PR.A.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Stock Buybacks Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2019, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.