Stocks in play: George Weston Limited
Announced today that the Toronto Stock Exchange has accepted a notice filed by Weston of its intention to make a normal course issuer bid. The TSX notice provides that Weston may, during the 12-month period commencing May 25, 2022 and terminating May 24, 2023, purchase up to 7,304,927 Weston common shares ("Common Shares"), representing approximately 5% of the 146,098,555 Common Shares Issued and outstanding as of May 11, 2022, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law. George Weston Limited shares T.WN are trading up $0.89 at $148.70.
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