Sangoma Technologies (SANG) said Tuesday that it is launching a normal course issuer bid for its common shares following completion of a plan to reduce its debt.
The company said it is authorized to buy back up to approximately 1.7 million shares, or about 5% of its 33.6 million shares outstanding over a 12-month period beginning March 27.
The timing and amount of repurchases will depend on factors such as valuation, liquidity, and potential acquisitions, the company said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。