|Bid||2.67 x 0|
|Ask||2.70 x 0|
|Day's Range||2.66 - 2.70|
|52 Week Range||2.45 - 3.50|
|PE Ratio (TTM)||1.94|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Urbana Corporation (“Urbana”) (TSX & CSE: URB & URB.A) announces today an increase in the valuation of its CNSX Markets Inc. (“CNSX”) shares. The CNSX operates the Canadian Securities Exchange (“CSE” or “Exchange”). Based on the positive performance of the CSE over the recent quarters, Urbana’s management has increased the valuation of the CNSX shares that Urbana holds from $1.29 to $2.00 per share.
Urbana Corporation (“Urbana”) (TSX & CSE: URB & URB.A) announced today that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 3,965,572 of its non-voting Class A shares (the “Class A Shares”), representing 10% of the public float, pursuant to TSX rules. Purchases under the bid may commence on September 4, 2018, and will terminate on the earlier of September 3, 2019, the date Urbana completes its purchases pursuant to the notice of intention to make a normal course issuer bid filed with the TSX, and the date of notice by Urbana of termination of the bid.