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.
蒙特利爾，2024 年 11 月 20 日 /CNW/-METRO INC.多倫多證券交易所股票代碼：MRU）宣佈正在續訂其正常的股票發行人競標計劃，並且此類續約已獲得多倫多證券交易所的批准。該公司決定續訂發行人競標計劃，作爲使用剩餘資金的另一種選擇。因此，在正常業務過程中，公司將能夠在2024年11月27日至2025年11月26日期間回購最多1,000萬股普通股，約佔其2024年11月14日已發行和流通股份的4.50％。2024年11月14日，共有222,005,850股已發行和流通股票，其中220,872,557股是公司已發行公衆持股量的一部分。在過去的六（6）個月中，公司普通股的平均每日交易量爲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，根據多倫多證券交易所的要求，公司有權在任何交易日購買最多106,891股普通股，但須遵守多倫多證券交易所關於大宗購買的要求。將根據多倫多證券交易所的政策和法規，通過多倫多證券交易所的設施按市場價格進行回購，或通過加拿大替代交易系統的設施以及證券監管機構可能允許的其他方式，包括私人協議。如此回購的普通股將被取消。根據證券監管機構發佈的發行人投標豁免令，通過私人協議進行的購買將低於豁免令中規定的現行市場價格。
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.
根據現有的正常發行人競標計劃，即2023年11月27日至2024年11月26日期間，公司回購了該計劃計劃中的所有股份，即截至2024年11月14日，以每股72.90美元的加權平均價格回購了700萬股普通股，總額爲5.103億美元。回購是根據多倫多證券交易所的政策和法規，通過市場價格進行的，並通過另類交易系統的設施進行的。
METRO INC.
麥德龍公司
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.
麥德龍公司年銷售額超過200億美元，是魁北克省和安大略省食品和藥房的領導者，爲超過98,000人提供就業機會。其目的是滋養我們社區的健康和福祉。作爲電子商務服務的零售商、特許經營商、分銷商、製造商和提供商，該公司經營或服務着一個由980家食品商店組成的網絡，旗幟包括Metro、Metro Plus、Super C和Food Basics，以及主要以讓·庫圖、布魯內特、麥德龍藥房和食品基礎藥房爲旗號的640家藥店。欲了解更多詳情，請訪問 corpo.metro.ca。
SOURCE METRO INC.
來源 METRO INC.
