other material
confidence high
sentiment neutral
materiality 0.55
Ascend Wellness authorizes share buyback of up to 5% of shares or $2.25M
Ascend Wellness Holdings, Inc.
- Board approved NCIB effective Jan 2, 2025 to repurchase up to 10,215,690 shares (~5% of outstanding) or $2.25M, whichever is less.
- Purchases will be made on CSE, OTCQX, or alternative systems via ATB Securities Inc.; all shares bought will be cancelled.
- Program expires Jan 1, 2026, but may be suspended, terminated, or modified at any time; no obligation to buy any shares.
- As of Dec 24, 2024, there were 204,313,808 common shares outstanding.