Dollarama Inc Announces Normal Course Issuer Bid Renewal
Dollarama Inc has announced the renewal of its normal course issuer bid, allowing the company to purchase up to 5% of its outstanding shares over the next 12 months.
The normal course issuer bid is subject to the approval of the Toronto Stock Exchange and will be implemented in accordance with the rules and regulations of the exchange.
The company’s shares are listed on the Toronto Stock Exchange under the symbol DOL and are currently trading at a price of $[insert current price]. The stock price has fluctuated over the past year, reaching a 52-week high of $[insert 52-week high] and a 52-week low of $[insert 52-week low].
The following table outlines the key details of the normal course issuer bid:
| Number of shares authorized for purchase | Up to 5% of outstanding shares |
| Duration of the bid | 12 months |
| Approval required | Toronto Stock Exchange |
The company’s decision to renew its normal course issuer bid is a routine matter and does not necessarily indicate any specific trend or direction in the company’s stock price.