Stock BuybacksBy The Online Investor Staff, updated Tue., Feb. 18, 2:52 PM
|This Slide: #9 of 25|
Slide #9. Exco Technologies Limited
Exco Technologies Limited (TSE:XTC.CA)
Share Amount Authorized:
Exco Technologies Limited (TSX:XTC.CA) ("Exco" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has approved the Company's normal course issuer bid ("NCIB"). Under the NCIB, Exco has the right to purchase for cancellation, from February 18, 2020 to February 17, 2021, a maximum of 2,000,000 common shares, representing 8.7% of the 22,866,812 shares forming Exco's public float as at February 7, 2020. As of February 7, 2020, Exco had 39,936,863 common shares.
Exco Technologies is engaged in developing and manufacturing of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. Co. operates two business segments. The Casting and Extrusion segment designs, engineers and manufactures die cast and extrusion tooling and other equipment for die cast machines and extrusion presses substantially for automotive and industrial markets in North America. The Automotive Solutions segment produces automotive interior trim components and assemblies for instrument panels, door panels, consoles, seat covers, cargo storage and restraint.
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