debt
confidence high
sentiment neutral
materiality 0.50
DIRTT announces TSX-approved NCIB for up to C$3.22M of convertible debentures
DIRTT ENVIRONMENTAL SOLUTIONS LTD
- NCIB to repurchase up to C$1,664,200 of 6.00% Jan 2026 debentures and C$1,558,700 of 6.25% Dec 2026 debentures.
- Represents 10% of public float of each series; bid runs Aug 28, 2024 to Aug 27, 2025.
- Daily purchase limits: C$111,507 for Jan debentures, C$416,071 for Dec debentures.
- All purchased debentures will be immediately cancelled.
- Company may adopt automatic repurchase plan (Rule 10b5-1) for blackout periods.