Stock BuybacksBy The Online Investor Staff, updated Wed., Feb. 19, 3:11 AM
|This Slide: #8 of 25|
Slide #8. Globalive Technology Inc.
Globalive Technology Inc. (CVE:LIVE.CA)
Share Amount Authorized:
Globalive Technology Inc. (TSX-V: LIVE) (the "Company"), a technology company focused on developing innovative payment, billing and credit solutions for consumers and businesses, commenced its normal course issuer bid program (the "Share Buy-Back Program") earlier this month. Under the Share Buy-Back Program, the Company aims to purchase for cancellation up to 5% (7,002,901) of its outstanding common shares by December 31, 2020.
Globalive Technology is classified as a capital pool company as defined in Policy 2.4 ("CPC Policy") of the TSX Venture Exchange Inc. Co. has no significant assets other than cash and proposes to identify and evaluate potential acquisitions or businesses with a view to completing a Qualifying Transaction, as defined in the CPC Policy.
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