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Announced today that the Toronto Stock Exchange has approved its intention to implement a normal course issuer bid for a portion of its common shares. The NCIB effectively renews the existing NCIB, which is scheduled to terminate on August 26.. Precision believes the NCIB continues to represent another tool for the Company to enhance the value of its underlying shares. Precision Drilling Corporation shares T.PD are trading up $0.11 at $85.58.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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