|Bid||40.15 x 0|
|Ask||40.18 x 0|
|Day's Range||39.95 - 40.42|
|52 Week Range||29.08 - 41.10|
|Beta (5Y Monthly)||0.28|
|PE Ratio (TTM)||15.33|
|Forward Dividend & Yield||0.52 (1.28%)|
|Ex-Dividend Date||Apr. 14, 2021|
|1y Target Est||44.70|
Empire Company Limited ("Empire" or the "Company") (TSX: EMP.A) today announced it has increased the size of its current Normal Course Issuer Bid ("NCIB") by filing an amended notice of intention with the Toronto Stock Exchange ("TSX"). The amendment increases the number of Non-Voting Class A shares ("Class A shares") the Company intends to purchase for cancellation from 5,000,000 to 8,548,551 Class A shares, representing approximately 3.0% and 5.0% of the Class A shares outstanding, respectively, subject to approval by the TSX. The purchases will be made through the facilities of the TSX and/or any alternative trading systems to the extent they are eligible. The price that Empire will pay for any such shares will be the market price at the time of acquisition. The current NCIB commenced on July 2, 2020, and purchases shall terminate not later than July 1, 2021.
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