Stocks in play: Alimentation Couche-Tard Inc.
Announced today that the Toronto Stock Exchange has approved the renewal of its share repurchase program, authorizing Couche–Tard to repurchase up to 78,083,521 Common Shares, representing 10% of the 780,835,217 Shares comprising Couche-Tard's "public float" (as such term is defined in the TSX Company Manual) as at April 18. Based on the current share price the completion of the Program in full would represent a total investment of approximately US $4.3 billion or CDN $5.9 billion. Alimentation Couche-Tard Inc. shares T.ATD are trading up $0.12 at $77.87.
Read:
Multi-Billion-Dollar Offers Not Enough to Get Lithium Asset Owners to Bite for Mining Giants
The Future of Corporate Innovation Explores the Expanding Role of Artificial Intelligence
Navigating the Surge in Aquaculture: Opportunities & Challenges
Tech Sector’s AI Advancements Boosting Economic Momentum, Reshaping 90% of US Jobs
More Safe and Secure Lithium Being Sought by the World’s Auto Giants in EV Production