METRO INC. RENEWS ITS SHARE BUYBACK PROGRAM
METRO INC. RENEWS ITS SHARE BUYBACK PROGRAM
MONTREAL, Nov. 20, 2024 /CNW/ - METRO INC. (TSX: MRU) announces that it is renewing its normal course issuer bid program and that such renewal has been approved by the Toronto Stock Exchange. The Corporation decided to renew the issuer bid program as an additional option for using excess funds. Thus, the Corporation will be able to repurchase, in the normal course of business, between November 27, 2024, and November 26, 2025, up to 10,000,000 of its Common Shares representing approximately 4.50% of its issued and outstanding shares on November 14, 2024. On November 14, 2024, there were 222,005,850 issued and outstanding shares of which 220,872,557 were part of the outstanding public float of the Corporation. The average daily trading volume of the Corporation's Common Shares over the last six (6) completed months was 427,566 shares.
蒙特利尔，2024年11月20日 /CNW/ - METRO INC. (tsx: MRU) 宣布其正常情况下的回购计划将进行续期，并且此续期已获得多伦多证券交易所的批准。公司决定续期回购计划作为使用剩余资金的额外选项。因此，公司将在正常的业务过程中能够在2024年11月27日至2025年11月26日之间最多回购10,000,000股其普通股，代表截至2024年11月14日已发行和流通股份的大约4.50%。截至2024年11月14日，共有222,005,850股已发行和流通股份，其中220,872,557股属于公司的公众流通股份。公司普通股在过去六个月的日均成交量为427,566股。
Accordingly, under the Toronto Stock Exchange Requirements, the Corporation is entitled on any trading day to purchase up to 106,891 Common Shares subject to the Toronto Stock Exchange Requirements regarding block purchases. Repurchases will be made through the facilities of the Toronto Stock Exchange at market price, in accordance with its policies and regulations, or through the facilities of alternative Canadian trading systems as well as by other means as may be permitted by a securities regulatory authority, including by private agreements. The Common Shares so repurchased will be cancelled. Purchases made by way of private agreements under an issuer bid exemption order issued by a securities regulatory authority will be at a discount to the prevailing market price as provided in the exemption order.
因此，根据多伦多证券交易所的要求，公司有权在任何交易日购买多达106,891股普通股，但需遵守多伦多证券交易所关于大宗交易的要求。回购将通过多伦多证券交易所的设施以市场价格进行，遵循其政策和规定，或者通过其他允许的加拿大交易系统及任何其他证券监管机构允许的方式进行，包括私下协议。回购的普通股将被注销。根据证券监管机构发布的回购豁免令通过私下协议进行的购买将以低于现行市场价格的折扣进行，具体按照豁免令中的规定。
Under the existing normal course issuer bid program, which is for the period from November 27, 2023 to November 26, 2024, the Corporation repurchased all the shares scheduled for in this program, i.e. 7,000,000 Common Shares at a weighted average price of $72.90 per share for a total of $510.3 million as of November 14, 2024. Repurchases were made through the facilities of the Toronto Stock Exchange at market price, in accordance with its policies and regulations, and through the facilities of alternative trading systems.
在现有的正常情况下的回购计划下，该计划的期间是从2023年11月27日至2024年11月26日，公司已回购了此计划中所有计划的股份，即7,000,000股普通股，按每股加权平均价格为72.90美元，总金额为51030万，截至2024年11月14日。回购是通过多伦多证券交易所的设施以市场价格进行，遵循其政策和规定，并通过替代交易系统的设施进行。
METRO INC.
METRO INC.
With annual sales of more than $20 billion, METRO Inc. is a food and pharmacy leader in Québec and Ontario, providing employment to more than 98,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of 980 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, and 640 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners. For more details, visit corpo.metro.ca.
METRO Inc.的年销售额超过200亿，是魁北克和安大略省的食品和药品领导者，雇佣超过98,000人。它的使命是滋养我们社区的健康和福祉。作为零售商、特许经营商、分销商、制造商和电子商务服务提供商，该公司在多个品牌下经营或服务着980家食品店，包括Metro、Metro Plus、Super C和Food Basics，以及640家主要以Jean Coutu、Brunet、Metro Pharmacy和Food Basics Pharmacy为品牌的药店。欲了解更多信息，请访问corpo.metro.ca。
SOURCE METRO INC.
来源：METRO INC.
